Intimation for Non -Applicability of "Large Corporate " Criteria for the Financial Year Ended 31st March, 2025.
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ATVO Enterprises Ltd (formerly Vandana Knitwear Limited) has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's criteria as on 31 March 2025. This means the company falls below the thresholds set by SEBI for large corporates, which are typically based on outstanding borrowings and turnover. Consequently, the company is not required to file the annual disclosure (Annexure B / Annexure XII B2) mandated for large corporates raising funds through debt securities. The company had also submitted its initial non-applicability disclosure on 29 April 2025. This is a routine annual compliance confirmation under SEBI and BSE circulars on debt security fundraising.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough to be exempt from large corporate disclosure norms, indicating limited outstanding debt securities.