<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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Awaiting price reaction for this filing.
Capitalnumbers Infotech Ltd has submitted a clarification to BSE regarding SEBI's Large Corporate framework dated October 19, 2023. As per this framework, a company is classified as a Large Corporate if it meets three conditions: being listed, having outstanding long-term borrowings of ₹1,000 crore or more, and possessing a credit rating of 'AA' or above. The company states that it meets only the first condition (listed on BSE SME platform) and does not meet the borrowing or credit rating thresholds. Therefore, it is not classified as a Large Corporate and is not required to file the mandatory disclosure. The letter is signed by Priya Jhunjhunwala, Company Secretary & Compliance Officer, dated April 24, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company is too small in terms of borrowings and credit profile to qualify as a Large Corporate under SEBI norms, indicating its modest scale of operations.