<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.
ERP Soft Systems Limited has submitted an annual disclosure to BSE confirming that as on March 31, 2025, the company does not qualify as a 'Large Corporate' under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The circular defines Large Corporates based on outstanding borrowings exceeding prescribed thresholds and imposes additional fundraising and disclosure obligations on such entities. By confirming non-applicability, the company states it is exempt from these enhanced debt-related compliance requirements. The letter is signed by Managing Director K. Parvathi Reddy.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company's smaller scale of borrowings and removes the burden of additional SEBI-mandated disclosures for Large Corporates.