<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.
Mystic Electronics Ltd has submitted an initial disclosure to BSE confirming that it does not fall under the 'Large Corporate' (LC) category as defined under SEBI's circulars dated October 19, 2023, August 10, 2021, and November 26, 2018, for the financial year ended 31st March 2025. The Large Corporate framework applies to companies exceeding specified thresholds in terms of outstanding borrowings or debt securities, imposing extra quarterly disclosure and incremental borrowing obligations. By filing this disclosure, the company is complying with the regulatory requirement to inform the exchange that these additional obligations do not apply to it. The letter is signed by Pallavi Bohra, Company Secretary & Compliance Officer, on 24th April 2025.
This is a routine, neutral compliance filing with no material impact on shareholders or the stock price — it simply confirms the company is too small to be classified as a Large Corporate under SEBI rules.