<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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Awaiting price reaction for this filing.
Faalcon Concepts Limited has submitted a declaration to BSE stating that it does not qualify as a 'Large Corporate' under SEBI's framework (Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and subsequent circular dated October 19, 2023). The Large Corporate framework applies to companies that meet certain thresholds related to borrowing or outstanding debt, requiring them to disclose and fulfil obligations such as raising a minimum portion of their borrowings through debt securities. Since the company does not meet these thresholds, it is exempt from these disclosure requirements. The declaration is signed by Managing Director Ekta Seth (DIN 08141902) and dated April 15, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that Faalcon Concepts is too small to fall under SEBI's Large Corporate classification, meaning it has no additional debt-market obligations under this framework.