<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> ....
MAHAPEXLTD · price
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Awaiting price reaction for this filing.
Maha Rashtra Apex Corporation Ltd has informed the stock exchanges that it does not qualify as a 'Large Corporate' under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, for the financial year 2025-26. The company has confirmed this through a letter signed by its Company Secretary on April 15, 2025. Under this SEBI circular, large corporates are required to make specific quarterly and annual disclosures about their outstanding borrowings and incremental borrowing plans. Since the company falls outside this definition, these additional disclosure obligations do not apply to it for FY 2025-26.
This is a routine compliance confirmation with no material impact on shareholders or the stock price. It simply means the company is small enough (likely based on borrowing thresholds) to be exempt from the additional quarterly disclosure requirements that apply to large listed entities.