<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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Inani Marbles & Industries Ltd has submitted a letter to BSE confirming that the SEBI circular dated 26 November 2018 (SEBI/HO/DDHS/CIR/P/2018/144), which deals with fund raising through debt securities by Large Corporates and related disclosure requirements, does not apply to the company. The company states that it does not qualify as a 'Large Corporate' under the criteria laid out in that circular, meaning its outstanding borrowings and/or qualifying assets fall below the required thresholds. The communication was signed by Company Secretary Madhu Bala Sharma and dated 28 April 2025. This is essentially a routine annual compliance filing where the company is informing the exchange that the mandatory Large Corporate disclosures are not relevant to it.
This is a routine compliance disclosure with no material impact on shareholders or stock price. It simply confirms that the company is too small to fall under SEBI's Large Corporate framework and therefore faces no additional borrowing or disclosure obligations under that rule.