FDC Limited has informed the Exchange regarding 'Confirmation regarding the Company not falling under Large Corporate criteria as on March 31, 2025'.
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Awaiting price reaction for this filing.
FDC Limited has filed a confirmation with the stock exchange stating that as of March 31, 2025, the company does not qualify as a 'Large Corporate' under SEBI's framework. The Large Corporate classification applies to listed companies whose outstanding borrowings exceed a specified threshold (currently ₹100 crore) and triggers additional quarterly disclosure and reporting obligations on borrowings. By confirming it falls outside this category, FDC has certified that its borrowings are below the threshold. This is a routine annual compliance filing required by SEBI.
This is a procedural compliance filing with no material impact on the business or shareholders. It simply means FDC's debt levels are modest enough that it does not face the extra reporting requirements reserved for bigger borrowers, and there is no action needed from investors.