BSEAbhishek Corporation LtdMinimalNeutral
Announced Wed, 2 Apr · 16:46 IST

<b>Format of the Annual 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> ....

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahaalaxmi Texpro Limited (formerly Abhishek Corporation Limited) has filed an annual disclosure with BSE and NSE confirming it does not fall under the SEBI 'Large Corporate' category. This filing is made as per SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018, which requires large entities to raise a minimum portion of funds through debt securities. The company has informed the exchanges that it is outside the scope of this framework and therefore the related obligations do not apply to it. The BSE code is 532831 and NSE code is ABHISHEK. The disclosure was signed by Nasima Kagadi, Company Secretary & Compliance Officer.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is below the threshold size that would require mandatory debt-based fundraising under SEBI's Large Corporate norms.