<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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Awaiting price reaction for this filing.
Manas Properties Ltd has filed an Initial Disclosure with BSE under SEBI's Master Circular (SEBI/HO/DDHS/PoD1/P/CIR/2024/54 dated May 22, 2024) regarding the framework for fund raising by issuance of debt securities by Large Corporates. The company has confirmed that it does not fall under the 'Large Corporate' category as defined under the said circular. Consequently, the disclosure requirements applicable to Large Corporates are not applicable to the company for the financial year ended March 31, 2025. The filing is signed by Dev Vijay Thakkar (MD & CEO) and Kamlesh Thakordas Thakkar (CFO). This is a routine annual compliance filing, not an indication of any fundraising activity.
This is a standard regulatory filing with no material impact on shareholders or stock price. It simply confirms the company is below the Large Corporate threshold, so it is exempt from the mandatory debt securities fundraising disclosure requirements for FY2024-25.