<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.
Hem Holdings & Trading Ltd has submitted a confirmation to the Bombay Stock Exchange stating that it does not meet the criteria to be classified as a 'Large Corporate' as defined under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. Under this circular, companies with outstanding borrowings exceeding ₹100 crore are classified as Large Corporates and have additional disclosure and fundraising obligations. The company has confirmed it falls below this threshold and therefore is exempt from the Large Corporate disclosure requirements. The letter was signed by Managing Director Sangeeta K Shah and dated April 8, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company's borrowing levels are below the SEBI-mandated threshold for Large Corporate classification.