<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Ascensive Educare Limited has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework on fund raising through debt securities for FY 2024-25. As a result, the requirement to file Initial and Annual Disclosure for FY 2025-26 does not apply to the company. The company has submitted Annexure A confirming all relevant fields (outstanding borrowings, credit rating, exchange for penalty payment) as 'Not Applicable.' The letter is signed by Whole Time Director & CEO Abhijit Chatterjee and Company Secretary Neha Maheshwari, dated April 25, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It indicates the company has borrowing levels below the large corporate threshold, suggesting relatively modest debt exposure and a smaller scale of operations.