The Company is not identified as a large corporate
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Awaiting price reaction for this filing.
Gujarat Credit Corporation Ltd has informed the BSE that, as on March 31, 2025, it does not qualify as a 'Large Corporate' under the criteria laid out in SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018. This circular governs fund raising through debt securities and the additional compliance requirements applicable to large entities. The company has formally declared its non-applicability under these rules.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company falls below the threshold for large-corporate debt issuance norms, meaning it is not subject to the stricter borrowing and disclosure requirements that large entities must follow.