Non Applicability of SEBI Circular - for Fund Raising by issuance of debt security by Large Entities.
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Radhe Developers India Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The SEBI circular sets specific criteria to define large corporates for the purpose of disclosure and compliance requirements around debt security issuance. The company has filed this disclosure to formally record its non-applicability status with the exchange. The filing was signed by Khyati K. Patel, Company Secretary & Compliance Officer, dated April 9, 2026.
This is a routine compliance disclosure confirming the company is outside the stricter disclosure requirements applicable to large corporates. It has no direct positive or negative impact on the stock, as the company is simply clarifying it does not meet the large corporate threshold.