<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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Morarka Finance Limited has submitted a mandatory annual disclosure to BSE under SEBI's framework for Large Corporate entities (SEBI Circular dated November 26, 2018). The company has declared that it does not qualify as a 'Large Corporate' under the applicable criteria. Its outstanding borrowings as on 31st March 2025 stood at Nil, with no credit rating applicable. Since the company is below the Large Corporate threshold, the requirement to raise a minimum portion of borrowings through debt securities and any associated penalties for shortfall do not apply to it.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that Morarka Finance is a small-cap, debt-free NBFC that does not fall under SEBI's Large Corporate framework for FY2024-25.