We hereby confirm that we are not a Large Corporate as defined in the SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated Noo.26, 2018 read with SEBI Circular No.SEBI/HO/DDHS-RACPOD1/P/CIR/2023/172 ....
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Awaiting price reaction for this filing.
Dharani Finance Ltd has submitted its annual disclosure to BSE for the financial year ending March 31, 2025. The company confirmed that it does not qualify as a 'Large Corporate' under the relevant SEBI circulars governing fund raising through debt securities. Because of this, the company is not required to file the Initial Disclosure in Annexure A of the circular for FY25. The filing was signed by Managing Director R Murugavel on April 3, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms Dharani Finance falls below the threshold that would trigger additional debt-raising disclosure obligations.