Company not classified as large corporate under SEBI debt securities circular

Minolta Finance Ltd has informed the stock exchanges that it does not qualify as a 'Large Corporate' under the SEBI Circular dated October 19, 2023, which governs fund raising through issuance of debt securities and related disclosure requirements. The filing is a regulatory clarification confirming the company's non-applicability to the large corporate framework, which would have mandated higher disclosure and certain obligations on debt issuances. The underlying source document on BSE was unavailable, so details are limited to the headline.