<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> ....
GARUDA · price
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Awaiting price reaction for this filing.
Garuda Construction and Engineering Ltd submitted an initial disclosure to BSE and NSE under SEBI's Large Corporate framework (SEBI Circular dated November 26, 2018). The company confirmed that it does not qualify as a 'Large Corporate' for the financial year ended March 31, 2025, based on the applicability criteria for raising funds through debt securities. As a result, the mandatory disclosure requirements prescribed under this SEBI circular are not applicable to the company. The filing was signed by Managing Director and Chairman Pravin Kumar Brijendra Kumar Agarwal (DIN: 00845482).
This is a routine regulatory filing confirming the company falls below the Large Corporate threshold, meaning it has no extra debt-related disclosure obligations. No material impact on shareholders or stock price is expected.