<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> ....
EXIDEIND · price
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Exide Industries has informed the stock exchanges that as of 31st March 2025, the company does not qualify as a 'Large Corporate' under the SEBI circular dated 26th November 2018, which deals with fund raising through issuance of debt securities by large entities. Because the company falls outside this classification, it is not required to comply with the mandatory debt security issuance norms applicable to large corporates. The disclosure was jointly signed by the Company Secretary and the CFO on 16th April 2025 and filed with BSE, NSE, and the Calcutta Stock Exchange. This is part of the annual compliance requirement under the SEBI framework for large corporate borrowers.
This is a routine regulatory disclosure with no material impact on the business, financials, or shareholders. It simply confirms that Exide's size is below the SEBI-defined 'Large Corporate' threshold, meaning it has no new obligation to raise funds via debt securities under this framework.