BSEMegri Soft LtdMinimalNeutral
Announced Fri, 11 Apr · 17:48 IST

<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> ....

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Megri Soft Limited has filed a regulatory declaration with BSE confirming that, as of 31st March 2025, it does not meet the criteria laid out in the SEBI circular on the Large Corporate framework. Under this SEBI rule, companies above certain borrowing thresholds are classified as 'Large Corporates' and face extra obligations, such as a portion of their borrowings being raised through bond markets. Megri Soft states it falls below these thresholds and is therefore not treated as a Large Corporate for the current financial year. The letter is signed by Saloni Garg, Company Secretary & Compliance Officer, dated April 11, 2025.

Likely market impact

This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is too small to be subject to SEBI's additional borrowing and disclosure rules meant for Large Corporates.