<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> ....
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Awaiting price reaction for this filing.
Gretex Corporate Services Limited has submitted an initial disclosure to BSE as required under SEBI's November 2018 circular on fund raising by issuance of debt securities by large entities. In the filing dated April 28, 2025, the company confirmed that it does NOT qualify as a 'Large Corporate' under the criteria laid out in the SEBI circular for the financial year 2024-25. This is a mandatory annual disclosure that all listed companies must submit, regardless of whether they qualify. The disclosure was signed by Nishthi Dharmani, Company Secretary and Compliance Officer. The filing references SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.
This is a routine regulatory compliance filing and is neutral for shareholders. It simply confirms that Gretex is a smaller entity that is not obligated to meet the mandatory debt-financing threshold (25% of incremental borrowings through debt securities) that applies to large corporates.