Dear Sir/Madam, Please find the attached confirmation regarding non-applicability of large corporate entity framework. Thanking You.
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Awaiting price reaction for this filing.
Prism Medico and Pharmacy Ltd has informed stock exchanges (BSE and MSEI) that it does not qualify as a 'large corporate entity' as of 31st March 2025 under the SEBI circular dated 26th December 2018 (SEBI/HO/DDHS/CIR/P/2018/144). This circular governs fund raising through debt securities by large corporates and prescribes certain disclosure requirements. Since the company does not meet the applicability criteria, it is exempt from submitting the prescribed disclosures related to debt security issuance. The filing is signed by the Company Secretary and Chief Financial Officer as a routine compliance submission.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company falls below the threshold to be classified as a large corporate, meaning less stringent debt disclosure obligations apply.