With reference to the SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 as updated on April 13, 2022, in respect of fund raising by issuance of debt securities by large corporates we hereby submit ....
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Libord Finance Limited has informed BSE that it does not fall under the 'Large Corporates' (LC) category as defined under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 (updated April 13, 2022). This circular pertains to fund-raising norms and disclosure requirements applicable to large entities issuing debt securities. By confirming non-applicability, the company indicates it does not meet the thresholds or criteria to be classified as a Large Corporate under SEBI's framework. The filing is a routine compliance intimation submitted by the Company Secretary and Compliance Officer.
Neutral for shareholders — the company is a smaller entity exempt from stricter debt issuance disclosure norms applicable to Large Corporates, which is typical for mid/small-cap finance companies.