Announced Fri, 11 Apr · 21:44 IST

Enclosed is an intimation of non applicability of Large Corporate Disclosure

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

First Custodian Fund India Ltd has informed BSE that it does not qualify as a 'Large Corporate' as of March 31, 2025, under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular governs fund raising through debt securities issuance by large corporates and applies additional quarterly reporting and borrowing framework requirements on companies meeting certain size thresholds. The company has confirmed it falls below those thresholds and is therefore exempt from the related compliance obligations.

Likely market impact

This is a routine regulatory filing with no material impact on shareholders or stock price. It simply confirms the company is not large enough to be subject to the extra debt-disclosure rules meant for bigger listed entities.