<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.
Modern Steels Ltd has submitted an initial disclosure to BSE under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018, which deals with fund raising through debt securities by Large Entities. The company has informed the exchange that it does NOT qualify as a 'Large Corporate' under the framework defined in that circular. The disclosure was signed by the Company Secretary on 24 April 2025 and submitted on 25 April 2025. This is a routine compliance filing and does not involve any fund raising or capital market action.
No direct impact on shareholders or stock price. This is purely a regulatory confirmation that the company falls outside the 'Large Corporate' category, so the SEBI debt-security fund-raising disclosure obligations do not apply to Modern Steels Ltd at this time.