<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.
Nagpur Power & Industries Ltd has informed BSE that as of 31 March 2025, it does not qualify as a 'Large Corporate' under the criteria laid out in the relevant SEBI circulars on debt security issuances. Because the company falls outside the Large Corporate definition, it is not required to file the initial or annual disclosure that large entities must submit. The letter is a routine compliance submission confirming non-applicability of these disclosure norms. It is signed by the Company Secretary, Praveen Bhati, and dated 22 April 2025.
This is a routine, neutral filing with no material impact on shareholders or stock price — it simply confirms the company is below the Large Corporate threshold and is exempt from a specific SEBI disclosure requirement for debt issuances.