<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.
Madhur Industries Ltd has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018, which deals with fund raising through debt securities and related disclosures. Because of this, the company is not required to file the initial disclosure (Annexure A) or the annual disclosures (Annexure B1 and B2) for FY 2024-25. The letter is signed by Mr. Shalin Parikh, Managing Director, and dated 17/04/2025. This is a routine compliance filing confirming the company's status under SEBI's Large Corporate framework.
This is a routine negative confirmation with no material impact on shareholders or the stock price. It simply means Madhur Industries is below the threshold required to be classified as a Large Corporate, so no additional debt-related disclosures are needed.