We would like to inform you that as per SEBI circular dated 26.11.2018 we are not a large corporate for fund raising by issuance of debt securities by large entities S Aravinthan Company Secretary
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Awaiting price reaction for this filing.
National Fittings Limited has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework dated November 26, 2018, which governs fund raising through debt securities by large entities. The classification is based on criteria such as borrowing levels and outstanding debt securities. By declaring itself 'Not a Large Corporate', the company is exempt from the mandatory requirement of raising a minimum portion (typically 25%) of its incremental borrowings through the debt securities route. The disclosure is signed by the Company Secretary, S. Aravinthan, and dated April 9, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that the company falls below the threshold for mandatory debt security issuances, meaning it retains flexibility in how it raises borrowings.