Moksh Ornaments Limited has informed the Exchange regarding 'Declaration with respect to Non-applicability of circular related to Large Corporate Framework pursuant to SEBI Circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.'.
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Moksh Ornaments Limited has submitted a declaration to NSE stating that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular pertains to fund-raising through debt securities and associated disclosure requirements for large companies. The company, registered at SDF4, Seepz SEZ, Andheri (E), Mumbai, has confirmed it is not subject to these disclosure obligations. The declaration is signed by Director Amrit Shah (DIN: 05301251).
This filing confirms the company avoids compliance requirements applicable to large corporates, indicating it is a smaller entity. No direct impact on shareholder value or stock price expected from this routine declaration.