<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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Deco Mica Ltd has informed BSE that for the financial year ended March 31, 2025, the company does not fall under the 'Large Corporate' category as defined under the SEBI circular dated November 26, 2018 (and the amended circular dated October 19, 2023). The disclosure is filed as part of the standard format for large corporate entities to declare their applicability status. The letter is signed by Vijaykumar Agarwal, Managing Director and CEO, and dated April 26, 2025. No financial figures, borrowings data, or thresholds are explicitly mentioned, but the company confirms it is below the large corporate classification.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company does not meet the Large Corporate threshold (typically based on outstanding borrowings exceeding ₹100 crore), so the associated bond/security issuance obligations do not apply to it.