<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.
Mangalya Soft-Tech Limited (Scrip Code: 530243) has submitted its initial disclosure to BSE confirming that it does not fall under the Large Corporate (LC) category as defined under SEBI's November 2018 circular on fund raising by issuance of debt securities. The company reported NIL outstanding long-term borrowings as on 31st March 2025 and no credit rating was issued during the previous financial year. The filing also notes that the company was under the Corporate Insolvency Resolution Process (CIRP), with a resolution plan submitted by Ratnakar Securities Private Limited approved by NCLT Ahmedabad on 27th September 2022. The company is still working on complying with the resolution plan requirements, and its shares remain in the suspended category on BSE, with the withdrawal of suspension currently under consideration.
This is a routine compliance filing confirming the company is exempt from Large Corporate debt-fundraising obligations, but investors should note the company is still in post-insolvency recovery, shares remain suspended on BSE, and the resumption of trading is under review — indicating ongoing uncertainty.