Non Applicability of SEBI Circular on Large Entities
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Awaiting price reaction for this filing.
Family Care Hospitals Ltd (BSE Scrip Code: 516110) has filed a compliance update with BSE on 7th April 2025 confirming that it does not qualify as a 'Large Corporate' under SEBI's circular dated 26th November 2018. This circular requires large companies to raise at least 25% of their incremental borrowings through debt securities. Since the company falls below the required threshold, the provisions of this circular do not apply to it. The filing was signed by Neetu Maurya, Company Secretary and Compliance Officer.
This is a routine compliance disclosure with no material impact on shareholders or stock price. It simply confirms the company is below the size threshold that triggers SEBI's mandatory debt-market borrowing requirement for large corporates.