SEBI Circular, No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26.11.2018
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Novus Loyalty Limited has filed a disclosure with BSE stating that it does not fall under the category of 'Large Corporate' as per SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The SEBI circular pertains to disclosure requirements for large entities raising funds through issuance of debt securities. The company, led by MD Deepak Tomar, submitted this clarification to BSE on April 29, 2026, for record and reference purposes. This is a routine compliance filing to establish the company's disclosure status under the SEBI regulatory framework.
No direct impact on shareholders or stock price. This filing merely confirms that Novus Loyalty Limited falls below the threshold that would trigger enhanced disclosure obligations applicable to large corporate borrowers under SEBI regulations.