<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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Manipal Finance Corporation Ltd has submitted its Initial Disclosure to BSE under SEBI's Large Corporate framework (Circular dated Nov 26, 2018) for FY 2025-26. The company confirmed that it does not fall within the Large Corporate Entity Criteria for the year. In Annexure A, the company reported NIL incremental borrowings during the year, NIL mandatory borrowing requirement through debt securities, and NIL actual debt security issuances. Consequently, there is no shortfall to report. The filing was signed by Managing Director T Narayan M Pai.
This is a routine compliance filing with no material impact on shareholders. It simply confirms the company is too small (by borrowing size) to qualify as a 'Large Corporate' under SEBI rules, so the mandatory debt-securities borrowing requirement does not apply to it.