<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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Madhuveer Com 18 Network Limited (formerly Toheal Pharmachem Limited), based in Ahmedabad, has submitted a letter to BSE dated 22nd April 2025 stating that the company does not fall under the 'Large Corporate' criteria defined in SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular deals with fund raising by issuance of debt securities by large entities. Because the company is not classified as a Large Corporate, it is exempt from submitting the Initial Disclosure in the prescribed Annexure-A format. The letter is signed by Director Manorama Shah (DIN: 07108562).
This is a routine regulatory clarification with no material impact on shareholders — the company is simply confirming it is a small entity under SEBI norms and therefore not subject to additional large-corporate debt disclosure obligations. No change in fundamentals or shareholder rights is implied.