PFA!!
Awaiting price reaction for this filing.
Pasupati Fincap Ltd has submitted a confirmation to BSE stating that it does not qualify as a 'Large Corporate' under the SEBI framework defined in Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The Large Corporate classification applies to companies meeting specific borrowing thresholds, which obligates them to raise a minimum portion of their borrowings through the bond/debt market. By confirming it does not fall under this category, the company is declaring it is exempt from these additional debt-market borrowing requirements. The disclosure was signed by Director Vidit Jain (DIN: 01347588) on April 14, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's smaller size relative to SEBI's Large Corporate thresholds, meaning it has no mandatory bond-market borrowing obligations for now.