Gleam Fabmat Limited, does not fall in the category of Large Entities as on year ended 31st March, 2025 as per the applicability framework provided in the aforesaid circular.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gleam Fabmat Limited has informed BSE that the company does not fall in the category of 'Large Entities' as on the financial year ended 31st March 2025, as per the applicability framework under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018. This circular requires large listed companies to raise a minimum portion of their incremental borrowings through debt securities (bonds). The filing confirms that the company is exempt from this mandatory bond-issuance obligation. The disclosure was signed by Amit Gupta, Managing Director and CFO, on 25th April 2025.
This is a routine compliance disclosure with no material impact on shareholders or stock price. It simply confirms the company is not required to mandatorily raise funds through bond issuances as per SEBI rules for the financial year ending March 2025.