<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.
Maximus International Limited has filed its initial disclosure under SEBI's Large Corporate framework for FY2025. The company confirmed that it does not qualify as a 'Large Corporate' under the applicable SEBI circulars. Its outstanding borrowings as on 31st March 2025 stood at Rs. 4.1654 crores, well below the threshold required for Large Corporate classification. No credit rating has been obtained by the company. BSE Limited has been designated as the stock exchange where any shortfall-related fine would be paid, if applicable.
This is a routine annual regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is a small-cap entity with modest borrowings, which means it is exempt from the additional borrowing and ESG disclosure requirements imposed on Large Corporates.