<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.
Oswal Yarns Ltd has submitted a disclosure to BSE confirming that it does not fall under the 'Large Corporate/Large Entity' category as defined under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular relates to the framework for fund raising through debt securities by large entities (typically those with outstanding borrowings of Rs. 100 crore or more). Since the company does not meet the Large Corporate threshold, it is not required to file any further disclosures or comply with the additional obligations (such as mandatory 25% borrowing via debt securities) under this framework. The disclosure was signed by Aarti Sharma, Compliance Officer/CFO, on April 29, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock. It simply confirms that Oswal Yarns' borrowing levels are below the SEBI threshold for Large Corporate classification, meaning it has no additional debt-related compliance obligations.