Intimation that our company is not coming under the Large corporate catagory as per framework provided in the circular
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Awaiting price reaction for this filing.
Innovative Tech Pack Ltd has informed the stock exchanges (BSE and Calcutta Stock Exchange) that it does not fall under the 'Large Corporate' category as defined in SEBI's circular dated 26th November 2018. This circular governs fund raising through debt securities by Large Entities and prescribes additional disclosures and compliance requirements for companies classified as such. By declaring it is not a Large Corporate, the company is effectively confirming that these additional debt-related compliance obligations do not apply to it. The intimation was filed on 18 April 2025 by the Company Secretary, Mohit Chauhan. No financial figures or qualifying thresholds were disclosed in the filing.
This is a routine compliance intimation with no material impact on shareholders or the stock price. It simply confirms the company is below the size threshold that would trigger extra SEBI requirements for debt issuance.