<b>Format of the Annual 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> ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hi-Klass Trading and Investment Limited has filed an annual disclosure with BSE confirming it does NOT qualify as a 'Large Corporate' under SEBI's Chapter XII framework (operational circular dated August 10, 2021). The company states that as of March 31, 2026, it does not meet the criteria to be classified as a Large Corporate. As a result, the mandatory borrowing requirements through debt securities (25% of incremental borrowing) are not applicable to the company. The enclosed Annexure XII-B2 confirms all figures — including incremental borrowing, actual debt securities borrowing, and any shortfall — are NIL for the 3-year block period FY 2023-24 to FY 2025-26. No penalties are applicable as the framework itself does not apply.
This is a routine regulatory confirmation that Hi-Klass falls below the threshold for Large Corporate status, meaning it is not subject to SEBI's mandatory debt borrowing norms. No direct impact on shareholders or stock price.