<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.
Mukesh Babu Financial Services Ltd has filed a disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular. The company stated three key points: its equity shares are listed on BSE, it has no outstanding long-term borrowings of Rs. 100 crore or above, and it does not carry a credit rating of 'AA and above'. Based on these criteria, the company confirmed it falls outside the Large Corporate classification. The disclosure was signed by the Company Secretary on 16th April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply indicates the company is small in scale of borrowings and does not have a high credit rating, placing it outside SEBI's Large Corporate framework.