<b>Format of Initial 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> <td><b>Details</b></td> ....
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Lippi Systems Ltd has submitted a declaration to BSE confirming that it does not fall under the SEBI Large Corporate category as per the framework for fund raising through debt securities (SEBI Circular dated November 26, 2018). The Large Corporate classification typically applies to listed companies whose outstanding borrowings exceed a specified threshold. By filing this disclosure, the company is essentially stating that its borrowing levels are below the threshold that triggers Large Corporate obligations. The letter is signed by Managing Director Nandlal J. Agrawal and is dated April 30, 2026.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply indicates that the company is not large enough by borrowing standards to be subject to SEBI's Large Corporate debt-raising framework.