Confirmation of Non Applicability of Large Corporate Criteria as per SEBI Circular''s pursuant to fund raising by issuance of debt securities by Large Corporate and disclosure by Large Corporates.
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New Light Industries Ltd has submitted a filing to BSE confirming that, as of 31st March 2025, the company does not fall under the 'Large Corporate' category as defined under the SEBI Circular dated 26th November 2018 and related subsequent circulars. Since it does not meet the Large Corporate threshold, the associated disclosure requirements related to fund raising through debt securities are not applicable to the company. The filing was signed by Managing Director Sandeep Makkad on 13th May 2025. This is a routine annual compliance submission required under SEBI's Large Corporate framework.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company is below the Large Corporate size threshold (typically based on outstanding borrowings of Rs 1,000 crore or more), meaning lighter compliance obligations.