<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> ....
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Awaiting price reaction for this filing.
IB Infotech Enterprises has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular on debt securities fundraising by large entities. As a result, the company is exempt from submitting Annexure B2 (the annual disclosure form) for FY 2024-25. This means the company's outstanding debt securities or borrowings fall below the threshold that triggers large corporate classification. The filing is signed by Director Jasmin Parekh.
This is a routine compliance clarification with no material impact on shareholders or the stock price. The company is simply confirming it does not meet the size threshold required for large corporate disclosure obligations.