<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.
Geetanjali Credit and Capital Ltd has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' as of March 31, 2025, under the criteria set out in SEBI circular dated November 26, 2018. This SEBI circular mandates large corporates to raise at least 25% of their incremental borrowings through the debt securities market. Because the company falls below the large corporate threshold, these debt-market borrowing requirements do not apply to it. The disclosure is signed by Managing Director Vitthal Kumar Jajoo and was filed on April 15, 2025.
This is a routine compliance filing and has no direct impact on shareholders or the stock price. It simply confirms the company is exempt from the SEBI large corporate debt issuance requirements due to its smaller size.