Intimation for Non - applicability of Large Corporate (LC) disclosure for the year ended 31st March, 2025.
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Tavernier Resources Limited (Scrip Code: 531190) has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for fund raising via debt securities. The company meets only one of the three required conditions — being listed on BSE — but does not meet the thresholds for outstanding borrowings or credit rating. As a result, the company is exempt from filing the Initial Disclosure and Annual Disclosures (Annexures A, B1, and B2) for the financial year ended 31st March 2025. The intimation was signed by Whole Time Director Mokshaben Ravjibhai Patel on 24th April 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company falls below SEBI's Large Corporate thresholds, meaning no additional debt-related disclosures are required for FY25.