<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> ....
JETFREIGHT · price
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Awaiting price reaction for this filing.
Jet Freight Logistics Ltd has submitted an undertaking to NSE and BSE stating that it does not fall under the 'Large Corporate' criteria as defined in SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. As a result, the company is exempt from submitting the Initial/Annual Disclosure in the prescribed Annexure-A format. The Large Corporate classification typically applies to listed companies with outstanding long-term borrowings of ₹1,000 crore or more, or ₹500 crore in borrowings plus ₹500 crore in non-convertible debentures. This indicates the company's borrowing levels are below these thresholds.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company is below the SEBI-mandated Large Corporate threshold, meaning its borrowings are relatively modest.