We are hereby submitting certificate for non applicability of SEBI circular for Large Corporate entity for March, 2025.
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Awaiting price reaction for this filing.
Kretto Syscon Ltd has submitted a certificate to BSE confirming that it does not qualify as a 'Large Corporate' entity as defined under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. Because the company falls below the large corporate threshold, the disclosure and borrowing requirements under this circular are not applicable to it for the financial year ended March 2025. The letter is signed by Managing Director Tushar Shashikant Shah and dated April 17, 2025. This is a routine annual compliance filing required of smaller listed entities that don't meet the large corporate criteria.
This is a routine compliance disclosure with no material impact on shareholders or the stock price — it simply confirms the company is too small to be classified as a Large Corporate under SEBI norms.