<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> ....
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ERP Soft Systems Limited has submitted a confirmation to BSE stating that, as on 31st March 2025, the company does not qualify as a 'Large Corporate' under SEBI's circular dated 26th November 2018. This circular is related to fund-raising through debt securities and the disclosure obligations that apply to large entities. By confirming non-applicability, the company is essentially informing the exchange that the additional compliance requirements meant for large corporates do not apply to it. The letter is signed by Managing Director K. Parvathi Reddy and dated 10th April 2025.
This is a routine negative confirmation with no material impact on shareholders. It simply means ERP Soft Systems does not meet the size thresholds (likely based on borrowing or assets) that would classify it as a Large Corporate, so no extra SEBI-mandated disclosures or incremental borrowing obligations apply to the company for FY25.