Enclosed is an intimation regarding non applicability of Large Corporate Disclosure
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Awaiting price reaction for this filing.
Elixir Capital Ltd has informed BSE that it does not qualify as a 'Large Corporate' as of March 31, 2025, under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular sets criteria (based on borrowings and other parameters) that determine whether a company must follow additional disclosure and borrowing requirements for issuing debt securities. Since Elixir Capital falls below the threshold, it is exempt from these large corporate obligations. The intimation was signed by Radhika Mehta, Whole-Time Director, on April 11, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price — it simply confirms the company is too small to be classified as a large corporate, meaning fewer regulatory disclosure burdens around debt issuance.