Initial disclosure by the Company confirming that the Company is not a Large Corporate as per the applicability criteria.
HALDER · price
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Halder Venture Ltd has submitted an initial disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI framework (SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 and related circulars). The Large Corporate framework typically applies to listed entities with outstanding borrowings of ₹100 crore or more, which mandates a portion of incremental borrowings to be raised via debt securities. Since the company falls below this threshold, the entire borrowing framework is not applicable to it. The disclosure was filed on April 7, 2025, signed by Company Secretary Ayanti Sen.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply clarifies that SEBI's Large Corporate borrowing norms do not apply to Halder Venture Ltd, leaving the company free to choose its preferred borrowing channels without any debt-market obligation.