<b>Format of the Annual 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> ....
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Awaiting price reaction for this filing.
Lakshmi Mills Company Limited has submitted its annual disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated 26 November 2018 for the year ended 31 March 2025. The company reported no incremental borrowings during FY 2024-25 and therefore has no mandatory requirement to raise funds through debt securities. The two-year block period covered is 2023-24 and 2024-25, with all related fields marked as 'Not Applicable,' including any shortfall in mandatory borrowing and any penalty payable. The disclosure is signed by the Chief Financial Officer and Company Secretary and dated 11 April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that Lakshmi Mills' borrowings are below the threshold that would classify it as a Large Corporate under SEBI norms.