<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.
Khandelwal Extractions Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018. The SEBI Large Corporate framework applies to listed companies with outstanding borrowings of ₹1,000 crore or more, requiring them to make specific disclosures and ensure a portion of their borrowings come through debt securities. By filing this disclosure, the company is confirming that its borrowings are below the ₹1,000 crore threshold, so these additional obligations do not apply to it. The letter was signed by the Company Secretary on April 2, 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company is a small-to-mid sized entity by borrowing standards and is exempt from Large Corporate compliance requirements.