Our company is not falling under the criteria prescribed under clause 2.2 of the said circular and thus we are not Large Corporate and has no debt securities.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Modern Shares & Stockbrokers Ltd has submitted a disclosure to BSE confirming it does not meet the criteria to be classified as a 'Large Corporate' (LC) under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144. The company states it does not fall under Clause 2.2 of the circular. Additionally, the company confirms it has no outstanding debt securities. As a result, the disclosure framework and compliance requirements related to large entities raising funds through debt securities do not apply to this company.
No shareholder impact. This is a routine negative confirmation filing indicating the company falls outside the scope of SEBI's large corporate debt disclosure framework. Not a material event for equity investors.