<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> ....
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Bhatia Colour Chem Limited has submitted its initial disclosure to BSE regarding its status as a 'Large Corporate' under SEBI's framework for fund raising through debt securities, applicable as of 31st March 2025. The company has confirmed that it does not fall under the 'Large Corporate' category based on the criteria specified in the relevant SEBI circular. Consequently, the prescribed provisions mandating large corporates to raise a minimum portion of funds through debt securities are not applicable to the company. The disclosure has been signed by the Company Secretary and Chief Financial Officer.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. It simply confirms that Bhatia Colour Chem is a smaller entity and is not obligated to meet the SEBI requirement of raising at least 25% of their incremental borrowings through the debt securities market.