<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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Paul Merchants Ltd has submitted a regulatory confirmation to BSE stating that the company is not classified as a Large Corporate under SEBI's circular on fund raising through debt securities. This is because the company's outstanding long-term borrowings (with original maturity of more than one year) do not exceed the Rs. 1,000 crore threshold as of March 31, 2026. The filing was signed by the Company Secretary and CFO on April 20, 2026. This is a routine annual compliance disclosure required under the SEBI Operational Circular.
No material impact on shareholders or stock price. This is a routine compliance filing that simply confirms the company's long-term debt is below the Rs. 1,000 crore threshold, indicating a relatively moderate leverage position.