We hereby inform you that the company being not large corporate, the said circular is not applicable to us.
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Awaiting price reaction for this filing.
Purple Entertainment Limited (Scrip Code: 540159) has informed BSE that it does not qualify as a 'large corporate' under the SEBI circular dated November 26, 2018, which mandates initial and annual disclosures on borrowings by large corporates. Since the company falls below the large corporate threshold, this SEBI circular does not apply to it. The filing was signed by Managing Director Chirag K Shah on April 11, 2025. The company's registered office is in Ahmedabad, Gujarat. This is a routine confirmation filing required from listed entities that are not classified as large corporates.
This is a routine compliance disclosure with no material impact on shareholders or stock price. It simply confirms that the company does not meet the SEBI-defined large corporate thresholds (typically based on outstanding borrowings), so no additional borrowing-related disclosures are required from it.