<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> ....
DIGIDRIVE · price
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Awaiting price reaction for this filing.
Digidrive Distributors Ltd has filed an initial disclosure to stock exchanges (NSE and BSE) regarding its status as a Large Corporate under SEBI's framework. As of March 31, 2025, the company confirms it does NOT fall under the 'Large Corporate' category based on the criteria outlined in SEBI circulars dated November 26, 2018, and October 19, 2023. The disclosure form (Annexure A) lists the company details including CIN (L51909WB2022PLC252287), but leaves outstanding borrowings and credit rating fields blank. The filing confirms compliance with Chapter XII of the SEBI Operational Circular dated August 10, 2021, regarding mandatory borrowing requirements for large entities.
This is a routine regulatory compliance filing and is neutral for shareholders. Since the company is not classified as a Large Corporate, it is not required to raise a minimum portion of its borrowings through debt securities, giving it flexibility in funding decisions.