Bhanderi Infracon Limited is not a Large Corporate as per the framework provided under SEBI Circular dated 26.11.2018
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Awaiting price reaction for this filing.
Bhanderi Infracon Limited has filed a disclosure stating that it is not classified as a Large Corporate under the framework established by SEBI Circular dated 26.11.2018. This appears to be a compliance-related clarification filing where the company is confirming its status under SEBI regulations. The SEBI circular typically sets thresholds for classifying companies as 'Large Corporates' for various disclosure and reporting purposes. By making this filing, the company is providing transparency to investors about its classification status.
This filing confirms the company does not meet the thresholds for Large Corporate status under SEBI norms. It is an informational disclosure with no direct impact on the stock price but provides clarity on the company's regulatory classification.