<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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Clio Infotech Limited has filed a disclosure stating that the requirement to make an Initial Disclosure as a 'Large Corporate' is not applicable to the company for FY 2026-2027. Under SEBI guidelines, a company qualifies as a Large Corporate only if it meets all three conditions: (1) has listed securities, (2) has outstanding long-term borrowings of ₹1,000 crore or more, and (3) possesses a credit rating of 'AA' or above. Clio Infotech meets only the first condition—its equity shares are listed on BSE. The company does not meet the borrowing threshold or the credit rating requirement, and therefore does not qualify as a Large Corporate. The disclosure was made on April 28, 2026, by the Company Secretary.
This is a routine regulatory compliance filing confirming that Clio Infotech is a smaller company without large-scale debt borrowings or high credit ratings. It has no direct impact on shareholders or stock price, but indicates the company operates on a relatively small scale compared to Large Corporate thresholds.