We wish to inform that the Company does not qualify as "Large Corporate" and the requirement of Initial Disclosure for the Financial Year 2025-2026 is not applicable.
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Kalyan Capitals Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's circular dated October 19, 2023. To be classified as a Large Corporate, a listed entity must meet three conditions: having securities listed on a stock exchange, outstanding long-term borrowings of ₹1,000 crore or more, and a credit rating of AA or above. The company only meets the first condition (equity shares listed on BSE) and fails on borrowings and credit rating. Consequently, the requirement to file an Initial Disclosure for FY 2025-26 does not apply to the company.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is too small in terms of borrowings and credit rating to fall under the Large Corporate framework, meaning no incremental borrowing or disclosure obligations arise.