Confirmation for Non-Applicability of SEBI Circular dated 26th November, 2018 and 19th October, 2023 pertaining to fund raising by Issuance of Debt Securities by Large Entities
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Bazel International Ltd, a registered NBFC, has submitted confirmation to BSE that SEBI circulars dated November 26, 2018 and October 19, 2023 regarding debt securities issuance by Large Entities are not applicable to the company. The company confirms it does not meet the criteria to be classified as a 'Large Corporate' under Clause 2 of the aforementioned circulars. This is a routine compliance filing where the company is declaring its exempt status from these specific SEBI regulations. The filing was signed by Himanshi, Company Secretary & Compliance Officer, and uploaded on April 30, 2026.
No immediate impact on shareholders as this filing merely confirms the company's status as a non-Large Corporate, meaning standard debt issuance regulations do not apply. The company operates as a smaller entity outside the stricter disclosure requirements mandated for large corporates.