<b>Format of the Annual 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> ....
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Awaiting price reaction for this filing.
Permanent Magnets Limited has submitted its annual disclosure to BSE regarding the SEBI Large Corporate framework for FY 2024-2025. The company confirmed that it does NOT qualify as a Large Corporate under the criteria in SEBI's Operational Circular dated August 10, 2021 (Chapter XII). Consequently, all disclosures related to incremental borrowing, mandatory bond issuance (25% of incremental borrowing), shortfalls, and any penalties are marked as 'Not Applicable'. The filing is a routine regulatory compliance submission signed by the Company Secretary and CFO on April 17, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company is below the Large Corporate threshold and therefore has no mandatory debt securities borrowing obligations or penalties to report.