<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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Bhilwara Technical Textiles Ltd has submitted a disclosure to BSE confirming that it is NOT classified as a 'Large Corporate' as on 31st March 2025, under SEBI circulars dated 26 November 2018 and 19 October 2023. These circulars require large entities raising funds through debt securities to comply with certain borrowing frameworks. The company's outstanding borrowing as on 31 March 2025 stands at Nil, and it has no credit rating from the previous financial year. Since it does not meet the Large Corporate criteria, the company is exempt from the mandatory debt security issuance and shortfall penalty provisions of these circulars. The disclosure was signed by Avnish Maurya, Company Secretary & CFO.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company has no outstanding debt borrowings and falls outside the SEBI Large Corporate framework for mandatory debt issuance.