PFA herewith confirmation regarding the Company not falling under the Large Corporate Criteria.
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Pasupati Spinning & Weaving Mills Ltd has submitted a confirmation to BSE stating that it does not qualify as a Large Corporate (LC) under the SEBI framework outlined in circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The Large Corporate classification generally applies to listed entities whose outstanding borrowings exceed a specified threshold, triggering additional borrowing and disclosure requirements. By confirming it falls outside this category, the company has discharged its annual disclosure obligation under the said SEBI circular. The filing was signed by Vidit Jain, Joint Managing Director, on April 14, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company is exempt from the stricter borrowing and disclosure norms applicable to Large Corporates.