<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.
Neeraj Paper Marketing Ltd submitted a compliance disclosure to BSE on 21 April 2025 under SEBI's circular on debt securities issuance by Large Corporates. The company confirmed that it does not qualify as a 'Large Corporate' (LC) under the SEBI framework for the financial year ended 31 March 2025. As a result, the obligation requiring large corporates to raise a minimum portion of borrowings through listed debt securities does not apply to the company for this period. The company has committed to inform BSE and meet relevant requirements in the future if it crosses the large corporate threshold.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is below the large corporate size threshold and is therefore exempt from mandatory debt securities issuance norms.