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Fractal Industries Limited has filed a disclosure with BSE confirming that it does not qualify as a "Large Corporate" under SEBI regulations (SEBI/HO/DDHS/CIR/P/2018/144). The SEBI circular requires certain fund-raising disclosures for entities classified as Large Corporates. Since Fractal Industries does not meet the applicability criteria outlined in Chapter XII of the SEBI Circular, the prescribed disclosure and compliance requirements are not applicable to the company. This is a routine regulatory confirmation filed by Pankaj Bishwanath Agrawal, Managing Director.
This filing has no direct impact on shareholders or the stock price. It is a routine regulatory confirmation stating the company is below the threshold for Large Corporate classification, meaning it is not subject to additional debt-fundraising disclosure rules.