In view of the above, the Company is not identified as Large Corporate entity as on 31st March 2025
Awaiting price reaction for this filing.
Koiya International Ltd (formerly Popees Cares Limited) has submitted a compliance disclosure to BSE under SEBI circular dated 13th April 2022 regarding fund raising by issuance of debt securities by Large Entities. The company has confirmed that as of 31st March 2025, it does not qualify as a 'Large Corporate' entity under the framework defined in the SEBI circular. The disclosure was signed by Director Shaju Thomas (DIN: 06412983) on 8th April 2025. Being outside the Large Corporate bracket means the company is not subject to the mandatory requirement of raising at least 25% of their incremental borrowings through debt securities in a financial year.
This is a routine annual compliance filing and is largely neutral for shareholders. It confirms the company falls below the Large Corporate threshold, so it has no SEBI-mandated obligation to issue debt securities to meet minimum borrowing norms. No material impact on stock price is expected.