<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.
Morgan Ventures Limited has submitted an initial disclosure to BSE under SEBI's circular on fund raising by Large Corporate entities. The company confirms that as of March 31, 2025, it does NOT qualify as a 'Large Corporate' under SEBI's framework. This is because its outstanding long-term borrowings (with original maturity of more than 1 year) do not exceed the Rs. 1,000 crore threshold. The letter is signed by Prayas Dubey, CFO and Compliance Officer, and is dated April 30, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. The company is simply confirming it falls below the SEBI large-corporate threshold, meaning it is not required to mandatorily raise a minimum portion of its borrowings through debt securities.