Non- Applicability as a Large Corporate Entity for the Financial Year ended March 31, 2025
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Keerthi Industries Ltd has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated October 19, 2023, for the financial year ending March 31, 2025. Large Corporate classification applies to listed entities with outstanding long-term borrowings above specified thresholds, which attract additional disclosure and debt-security issuance requirements. Since the company falls below these thresholds, the related disclosure obligations are not applicable to it for the year. This is a routine annual compliance confirmation filed with the exchange.
This is a neutral, routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company's borrowings are below SEBI's Large Corporate thresholds, so it is exempt from certain mandatory bond/debt-security issuance rules.