<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.
Omkar Overseas Limited has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI framework on fund raising through debt securities (Circulars dated Nov 26, 2018; Aug 10, 2021; and Oct 19, 2023). The company has confirmed its outstanding borrowings as on March 31, 2025 do not meet the threshold needed to be classified as a Large Corporate. As a result, the requirement to file initial and annual disclosures for FY 2025-26 does not apply to the company. The letter, dated April 25, 2025, is signed by Whole-Time Director Parul Kamleshbhai Joshi and Company Secretary & CFO Bhavinkumar Arvindkumar Patel.
This is a routine compliance intimation and has no direct impact on shareholders or the stock price. It simply confirms that the company is small in terms of debt and not subject to the additional borrowing-disclosure rules that apply to large corporates.