<b>Format of the Annual 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> ....
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Novateor Research Laboratories Ltd has informed BSE that it is not classified as a "Large Corporate" (LC) under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144. The company filed the standard Annual Disclosure format (Annexure B2) for FY 2025-26, reporting incremental borrowing of Rs 0.7 crore during the 2-year block period (2025-27). However, the mandatory borrowing requirement through debt securities (25% of incremental borrowing) shows NIL, and actual borrowing through debt securities is also NIL. No penalties are applicable. The company confirmed it does not meet the applicability criteria for Large Corporate status.
This is a routine compliance filing with no direct impact on shareholders. The company simply clarified it falls outside SEBI's Large Corporate borrowing norms, meaning no mandatory debt security requirements apply. No material impact on stock price expected.