Non Applicability of Large corporate entity
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Awaiting price reaction for this filing.
Benchmark Computer Solutions Limited has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated 26 November 2018. The company reported outstanding borrowings of Rs. 157.26 Lakhs as on 31st March 2025, which is well below the Rs. 100 Crore threshold required for Large Corporate classification. Since the company's long-term borrowings with original maturity of more than one year do not exceed Rs. 100 Crores, the filing of initial and annual disclosures (Annexures A, B1, and B2) is not required. The confirmation was signed by Hemant Muddanna Sanil, Chairman & Managing Director, on 23rd May 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that Benchmark Computer Solutions is a small-cap entity with modest borrowings and does not face the additional compliance requirements imposed on large corporates.