<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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Jagan Lamps Limited has filed a compliance disclosure with BSE stating that it does not qualify as a 'Large Corporate' entity under SEBI's framework (Circular dated August 10, 2021, as amended on October 19, 2023). The company has confirmed that it does not meet the threshold limits specified in Para 3.2 of the applicability criteria, which are typically based on outstanding borrowings. As a result, all related disclosure fields in Annexure-1, including outstanding long-term borrowings, credit rating, and stock exchange for penalty payment, have been marked as 'Not Applicable.' The filing was signed by the Company Secretary and CFO on April 25, 2026, as part of routine annual compliance.
This is a routine regulatory filing with no material impact on shareholders or stock price. The company is merely confirming it falls below the SEBI threshold for large corporate classification, meaning it is exempt from certain additional borrowing and disclosure obligations applicable to larger listed entities.