Premier Polyfilm Limited has informed the Exchange regarding 'ANNUAL DISCLOSURE/CONFIRMATION AS PER SEBI CIRCULARSEBI/HO /DDHS/ CIR/ P /2018/144 DATED NOVEMBER 26, 2018.'.
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Premier Polyfilm Limited has filed an annual confirmation with BSE and NSE stating that it does not qualify as a 'Large Corporate' under SEBI regulations. The company clarified that as per the criteria in Clause 2.2 of SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144, it falls outside the Large Corporate category. The filing confirms that the company was not a Large Corporate for FY 2024-25, therefore exempting it from the mandatory annual disclosures required for Large Corporates regarding debt securities issuance. This is a routine regulatory compliance filing signed by the Company Secretary and CFO.
This is a routine compliance confirmation with no direct impact on the company's financial position or shareholder value. It simply confirms that Premier Polyfilm's borrowings are below the threshold that would classify it as a Large Corporate under SEBI rules.