<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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Medico Intercontinental Ltd has submitted a disclosure to BSE (Scrip Code: 539938) and Calcutta Stock Exchange (Scrip Code: 19281) on 8th April 2025. The filing is made pursuant to SEBI Circular dated 26th November 2018 regarding fund raising by issuance of debt securities by Large Corporates. The company has declared that it does NOT qualify as a 'Large Corporate' under the framework prescribed in the said SEBI circular. The disclosure is signed by the Company Secretary and Chief Financial Officer.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. By declaring it is not a Large Corporate, the company is exempt from the mandatory requirement to raise at least 25% of its incremental borrowings through debt securities.