<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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Martin Burn Ltd has informed the Bombay Stock Exchange that the company is not classified as a 'Large Corporate' as on 31st March 2025 under SEBI's circular dated 26th November 2018 (SEBI/HO/DDHS/CIR/P/2018/144). This circular applies to large entities and mandates that a minimum portion of their incremental borrowings be raised through debt securities. Since Martin Burn does not meet the criteria, it is exempt from this obligation. The letter was signed by Khusbu Saraf, Company Secretary and Compliance Officer, on 14th April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is not large enough to be subject to SEBI's mandatory bond-issuance requirements for big borrowers.