<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.
Chothani Foods Limited has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for mandatory debt-based fund raising, based on criteria as of 31st March 2025. The company's total outstanding borrowings stood at just Rs. 1.41 crore, far below the threshold that would classify it as a Large Corporate. Accordingly, the company is not required to make the mandatory initial disclosure or undertake incremental borrowing through debt securities for FY 2025-26. The disclosure was signed by Managing Director & CFO Neeraj Ashok Chothani and Company Secretary Krutika Manoj Bhanushali.
This is a routine compliance filing and is neutral for shareholders. It simply confirms the company is too small (by borrowing size) to fall under SEBI's Large Corporate norms, so no additional debt-raising obligations apply for the coming financial year.