<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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Modern Dairies Limited has filed an initial disclosure with BSE stating that it does not qualify as a 'Large Corporate' (LC) under SEBI's framework for debt securities issuance. The company is submitting this confirmation as required under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 and SEBI Operational Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172. The filing clarifies that Modern Dairies falls outside the Large Corporate category, which means the company does not meet the thresholds or criteria that would subject it to enhanced disclosure requirements for debt fundraising. The disclosure was signed by Company Secretary Shruti Joshi on April 27, 2026.
This is a routine regulatory confirmation with no direct impact on stock price or shareholder value. It simply confirms that Modern Dairies is not classified as a Large Corporate, meaning it does not have the additional compliance obligations that apply to larger entities issuing debt securities.