The company does not qualify as a "Large Corporate" and the requirement for initial disclosure for the F.Y. 2025-26 is not applicable.
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Awaiting price reaction for this filing.
Clio Infotech Ltd has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular governing fund raising by issuance of debt securities. To be classified as a Large Corporate, a listed entity must have outstanding long-term borrowings of ₹1,000 crore or more and a credit rating of 'AA' or above, in addition to having listed securities. The company meets only the first condition — its equity shares are listed on BSE (Scrip Code: 530839) — but does not meet the borrowings or credit rating thresholds. Consequently, the mandatory Initial Disclosure for FY 2025-26 is not applicable to the company. This is a routine compliance filing confirming the company's small-cap status.
No material impact on shareholders or stock price — this is a routine regulatory non-applicability filing. The disclosure indirectly indicates the company has long-term borrowings well below ₹1,000 crore, confirming it is a very small entity.