Non applicability of Compliance as per Regulation 57(5) of SEBI (LODR) Regulation 2015 for the quarter ended June 2025
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Awaiting price reaction for this filing.
Polymac Thermoformers has informed the stock exchange that Regulation 57(5) of the SEBI Listing Obligations and Disclosure Requirements (LODR) does not apply to the company for the quarter ended June 2025. Regulation 57(5) requires listed entities that have issued non-convertible debt securities (such as bonds or debentures) to submit a certificate confirming the payment of interest and principal on those securities. By filing this 'non-applicability' disclosure, the company is essentially confirming that it either has no outstanding non-convertible securities or had no interest/principal payments due during the quarter, so the rule is not relevant to it.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the regulation does not apply because the company likely has no listed non-convertible debt instruments outstanding.