<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> ....
MAJESAUT · price
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Awaiting price reaction for this filing.
Majestic Auto Ltd has submitted a filing to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018, which deals with fund raising through debt securities by large business entities. As per the company's assessment as on March 31, 2025, it falls below the thresholds that would require it to be classified as a Large Corporate. Consequently, the company is not required to file the initial disclosure or annual disclosure mandated under that circular. The letter is signed by Parul Chadha, Company Secretary & Compliance Officer, and dated April 29, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is below the size threshold for additional debt-related disclosure obligations under the specified SEBI circular.