<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.
Craftroot Retail Ltd (formerly Nirbhay Colours India Limited) has submitted an initial disclosure confirming that it does not qualify as a 'Large Corporate' under SEBI regulations. The company is listed on BSE with Scrip Code 526349. This filing is a regulatory compliance requirement under SEBI guidelines for fund-raising through debt securities. By confirming non-applicability, the company is stating its size or borrowings do not meet the thresholds defined in the October 19, 2023 SEBI circular. The disclosure was signed by Managing Director Raghvendra Kulkarni on April 29, 2026.
No direct impact on shareholders or stock price. This is a routine regulatory confirmation that exempts the company from certain enhanced disclosure and reporting requirements applicable to large corporates. It indicates the company remains below the asset/turnover thresholds set by SEBI for large entities.