This is to confirm that OK Play India Limited is not falling under the category of Large Corporate in terms with para 1.2 of SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
OK Play India Ltd has confirmed to BSE that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated April 13, 2022). This circular requires large corporates to raise a minimum portion of their borrowings through debt securities listed on a stock exchange. By confirming non-applicability, the company is essentially stating it falls below the thresholds (typically outstanding borrowing of ₹100 crore or more) that trigger this requirement. The letter was filed on April 18, 2025, signed by Company Secretary Meenu Goswami.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that OK Play India Ltd is not obligated to meet the mandatory debt securities issuance requirements that apply to large corporates, meaning it has more flexibility in how it raises borrowings.