<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> ....
GANDHITUBE · price
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Awaiting price reaction for this filing.
Gandhi Special Tubes Ltd has filed an annual disclosure with BSE and NSE confirming that it does not fall under the 'Large Corporate' criteria as defined in SEBI's circular dated October 19, 2023 (SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172). A Large Corporate, under these rules, is typically an entity whose outstanding listed debt securities exceed a specified threshold. Since the company does not meet these criteria, it is not classified as a Large Corporate for FY 2024-2025. Consequently, the requirement to submit the Initial Disclosure for the year ended March 31, 2025 does not apply. The letter is signed by the Company Secretary and the Chief Financial Officer.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company does not meet the SEBI threshold for mandatory Large Corporate disclosures, meaning no additional borrowing or debt-related obligations under this framework are triggered for the year.