<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.
Refex Renewables & Infrastructure Ltd has filed an initial disclosure with BSE confirming it does not qualify as a 'Large Corporate' under SEBI's framework for FY 2024-25. The company reported outstanding borrowings of just ₹9.75 crore as on March 31, 2025, which is well below the threshold for large corporate classification. The disclosure was filed in the prescribed Annex-XII-A format and signed by the Company Secretary and CFO. This is a routine annual regulatory compliance submission.
No impact on shareholders or stock price — this is a standard compliance filing confirming the company's small borrowing base. It simply clarifies that the company is exempt from large corporate borrowing and disclosure obligations under SEBI rules.