<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.
Onix Solar Energy Ltd (formerly ABC Gas (International) Limited) has submitted a compliance disclosure to BSE dated 11 April 2025. The company confirms that, as of 31 March 2025, it does not fall under the 'Large Corporate' criteria defined under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018. This circular applies to entities raising funds through debt securities and imposes mandatory borrowing-through-debt-security obligations on large corporates. The letter is signed by Director Khilan Savaliya (DIN: 08790209) and Company Secretary Padma Tapariya. The company's registered office is in Worli, Mumbai, and its BSE scrip code is 513119.
This is a routine SEBI compliance filing with no material effect on shareholders or the stock price. It simply confirms that the company is below the size threshold that would require it to mandatorily raise a portion of borrowings through listed debt securities, signalling it remains a small-cap entity.