<b>Format of the Annual 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> ....
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Rapid Investments Ltd has submitted its annual disclosure to BSE under SEBI's circular on fund raising by issuance of debt securities by Large Entities, for FY 2024-25. The company has confirmed that it is NOT classified as a 'Large Corporate' under the SEBI criteria, so the mandatory incremental borrowing through debt securities rules do not apply to it. Consequently, every field in the disclosure annexure — incremental borrowing, mandatory debt security borrowing, shortfall carried forward, and penalties — has been marked as 'Not Applicable' (NA). The filing covers the 3-year block period FY 2024-25 to FY 2026-27 and is signed by Managing Director Nina Ranka, CFO Shailendra T Singh, and Company Secretary Vijay Dalpatbhai Teraiya.
This is a routine regulatory compliance filing with no material impact on shareholders. Since the company falls outside the Large Corporate bracket, it has no obligation to raise funds through debt securities and faces no penalties.