<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> ....
Awaiting price reaction for this filing.
Abhishek Corporation Limited, now renamed Mahaalaxmi Texpro Limited, has submitted a declaration to BSE and NSE confirming that it does not fall under the 'Large Corporate' category as defined in SEBI's circular dated 26 November 2018. The circular requires large entities to raise a minimum portion of their borrowings through debt securities. The company has stated it is outside the scope of this framework, meaning it is not obligated to comply with the debt issuance requirements applicable to large corporates. The filing is signed by Nasima Kagadi, Company Secretary, dated 2 April 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is small enough to be exempt from SEBI's large corporate debt-raising requirements.