The company does not fall under the Large Corporate (LC) category as per the framework and applicability criteria provided in the SEBI Circulars SEBI/HO/DDHS/CIR/P/2018/144 dated November ....
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Awaiting price reaction for this filing.
Logica Infoway Ltd has informed the stock exchanges that it does not qualify as a 'Large Corporate' under SEBI's framework for debt securities issuance (circulars dated November 26, 2018 and October 19, 2023). The company meets only one of the three required conditions — being listed on BSE-SME — but does not meet the thresholds for outstanding borrowings and credit rating. As a result, the company is exempt from filing the initial and annual disclosure forms (Annexures A, B1, and B2) for the financial year ended March 31, 2025. The company is listed on the BSE SME platform with scrip code 543746.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company is exempt from additional debt-related disclosure obligations due to its smaller size and SME listing status.