<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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Pratiksha Chemicals has filed its annual disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's criteria (circular dated November 26, 2018) for the financial year ending March 31, 2025. The company reported incremental borrowing of Rs 2.99 crore in FY 2024-25, with no mandatory borrowing requirement through debt securities and no actual debt security issuance. There is no shortfall in mandatory borrowing and no penalty payable for the current or previous block period. The filing also notes that the company's Company Secretary and Compliance Officer resigned on December 4, 2024, and the company is in the process of appointing a replacement.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It confirms the company's small-scale borrowing profile and clean compliance status under SEBI's large corporate framework. The vacant Company Secretary position is a minor governance point, but the company is actively looking to fill it.