<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 an Initial Disclosure filing to BSE, clarifying that it does not qualify as a 'Large Corporate' under SEBI's circular dated October 19, 2023. The SEBI framework applies to listed entities meeting all three criteria: listed securities, outstanding long-term borrowings of ₹1,000 crore or more, and a credit rating of AA or above for unsupported borrowings. The company meets only the first condition—its equity shares are listed on BSE (Scrip Code: 530909). It does not meet the borrowing or credit rating thresholds. Therefore, the Initial Disclosure requirement for FY 2026–27 is not applicable to the company.
No shareholder action is required. This is a routine compliance clarification confirming the company falls outside the Large Corporate disclosure framework. The filing has no direct impact on the stock price or investor obligations.