<b>Format of the Annual 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> ....
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Awaiting price reaction for this filing.
Econo Trade (India) Ltd has informed the BSE that it does not qualify as a 'Large Corporate' as of March 31, 2025, under the criteria defined in SEBI's circular dated November 26, 2018 (SEBI/HO/DDHS/CIR/P/2018/144). This circular requires large corporates to raise at least 25% of their incremental borrowings through the debt securities market. Since the company falls outside the large corporate threshold, the related annual disclosure obligations do not apply. The letter, signed by Company Secretary Siddharth Sharma, is dated April 29, 2025. The scrip code on BSE is 538708.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company is small enough to be exempt from SEBI's large corporate debt-funding rules, meaning no mandatory bond issuance obligations apply to it.