Disclosure of Non-applicability of SEBI Circular dated 26th November,2018 with regard to fund raising by issuance of debt securities by large entities.
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ISF Ltd has informed BSE that the SEBI circular dated November 26, 2018 regarding fund raising by issuance of debt securities by Large Corporates (LC) does not apply to the company. The company confirmed it does not qualify as a 'Large Corporate' under the framework and applicability criteria of the circular. Consequently, ISF Ltd is not required to file the initial disclosure (Annexure A) or annual disclosures (Annexures B1 and B2) for FY 2024-25. The letter was signed by Vishal Dang, Whole-Time Director, and submitted to BSE on April 15, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that the company's size falls below the threshold for SEBI's large corporate debt-disclosure requirements, meaning no obligation to report debt security plans to the exchange.