<b>Format of Initial 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> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Rajesh Power Services has filed an initial disclosure with BSE confirming it does not qualify as a 'Large Corporate' under SEBI's framework (circulars dated November 26, 2018 and October 19, 2023). The framework applies to big listed companies that must raise at least 25% of their incremental borrowings through debt securities. Since Rajesh Power falls below the qualifying threshold, the obligation does not apply. The disclosure was signed by Company Secretary Jyoti Dakshesh Mochi on April 8, 2025.
This is a routine regulatory compliance filing with no direct impact on shareholders or stock price. It simply means the company is not required to meet the mandatory debt-securities borrowing quota imposed on large corporates.