<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.
The company filed an initial disclosure under SEBI Circular SEBI/HO/DDHS/RACPODI/P/CIR/2023/172 (dated 19th October 2023) regarding the framework for fund raising through debt securities by Large Corporates. Virgo Polymers India Limited has confirmed that as of 31st March 2026 (end of financial year), it does NOT qualify as a 'Large Corporate' as per the thresholds defined in the SEBI circular. This is essentially a negative confirmation or compliance filing addressed to BSE, signed by Managing Director Vivek Ramsisaria. No fund raising activity or breach of thresholds is involved.
This is a routine regulatory compliance disclosure with no material impact on shareholders or stock price. It simply confirms the company falls below SEBI's Large Corporate classification thresholds and is therefore not subject to enhanced disclosure requirements for large borrowers.