Non Applicabilty of LC
Awaiting price reaction for this filing.
Mahaveer Infoway Limited has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI framework (Circular dated October 19, 2023). For the financial year ended 31st March 2025, the company's outstanding long-term borrowings stood at Rs. 0.98 crore (down from Rs. 1.72 crore at the start of the year), with no incremental qualified borrowing or debt securities issued during the year. The company's net worth stood at Rs. 4.03 crore at the end of FY25. This is a routine annual compliance filing informing the exchange that the entity falls below the threshold for additional debt-related disclosures mandated for large corporates.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. The very small borrowing base and modest net worth suggest the company has limited debt activity and does not trigger enhanced SEBI disclosure requirements applicable to large corporates.