We hereby Confirm that our Company is not a Large Corporate (LC) as per framework and applicability mentioned in SEBI Circular dated 26th November, 2018.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat Terce Laboratories has informed the BSE that it does not qualify as a 'Large Corporate' under the SEBI framework for fund raising through debt securities. As per the SEBI Circular dated 26th November 2018, companies classified as Large Corporates must file initial and annual disclosures (Annexures A, B1, and B2). Since the company falls outside this classification, these disclosure requirements do not apply to it for FY 2024-25. The letter was signed by Aalap Prajapati, Managing Director & CEO. This is a routine annual compliance filing with no financial figures or business developments disclosed.
This is a procedural regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company is below the size threshold that triggers additional debt-related reporting obligations for larger listed entities.