<b>Format of Initial 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> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Paragon Finance Ltd has filed a disclosure with BSE clarifying that it does not fall under the category of 'Large Corporate' as per SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. This circular relates to fund raising by issuance of Debt Securities by Large Entities. Since the company does not meet the applicability criteria for Large Corporate classification, it is not required to furnish the Initial Disclosure in the prescribed Annexure-A format. The filing is signed by Sanjay Kumar Gupta, Whole-Time Director and Company Secretary, and dated April 30, 2026.
This is a routine compliance filing confirming non-applicability of Large Corporate disclosure norms. No direct impact on shareholders or stock price as the company is merely clarifying its status as a non-Large Corporate entity.