Confirmation w.r.t. Non Applicability of disclosure and compliance requirement under Large Corporate Framework in accordance with SEBI and BSE Circulars.
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Credent Global Finance Ltd has confirmed to BSE that as of 31 March 2026, it does not meet the criteria to be classified as a 'Large Corporate (LC)' under SEBI's framework. Specifically, the company has no outstanding long-term borrowings exceeding ₹1,000 crores, nor does it hold unsupported bank borrowings with a credit rating of AA, AA+, or AAA. As a result, the mandatory disclosure and compliance requirements under the Large Corporate Framework (governed by SEBI circulars from 2018, 2021, and 2023) are not applicable to the company. The confirmation was signed by Managing Director Aditya Vikram Kanoria on 30 April 2026.
No direct impact on shareholders. This is a routine compliance confirmation filing — the company is simply clarifying that enhanced disclosure obligations for large corporates do not apply to it.