With reference to the SEBI circular dated November 26, 2018 with regard to fund raising by issuance of debt securities by large entities, we hereby confirm that we, Vuenow Infratech Limited ....
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Vuenow Infratech Limited has submitted a confirmation to BSE stating that the company is not classified as a 'Large Corporate' as on March 31, 2025, under the criteria defined in SEBI's circular dated November 26, 2018. The SEBI circular requires large entities (those with outstanding borrowing of Rs. 100 crore or more) to raise at least 25% of their incremental borrowings through debt securities. Since the company falls below this threshold, the requirement does not apply to it. This is a routine annual compliance disclosure and not related to any new fundraising activity. The filing is signed by Managing Director and CFO Rahul Anandrao Bhargav.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough to be exempt from SEBI's large corporate debt issuance norms, implying its overall borrowings remain modest.