<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.
Cityman Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which deals with debt securities fundraising disclosures. Because the company falls outside the Large Corporate criteria defined in paragraph 2.2 of the circular, it is exempt from filing the Annual Disclosure for Incremental Borrowings (Annexure B2) for the financial year ending March 31, 2025. The letter was signed by Managing Director Santhosh Joseph Karimattom on April 2, 2025. This is a routine regulatory clarification confirming the company's smaller size relative to SEBI's Large Corporate thresholds.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that Cityman Ltd is below the SEBI-defined Large Corporate threshold and therefore does not need to make additional annual borrowings disclosures, indicating the company is relatively small in scale compared to SEBI's large corporate benchmarks.