<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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Awaiting price reaction for this filing.
Rishi Laser Limited has informed BSE that it does not qualify as a 'Large Corporate' under the criteria laid out in two SEBI circulars (dated November 26, 2018 and October 19, 2023). Because of this, the company is not required to submit the initial or annual disclosure forms (Annexure B2) that large corporates must file. The letter, dated April 16, 2025, was signed by Vandana Patel, Company Secretary. This is essentially a self-declaration confirming that the company falls below the SEBI-defined large corporate threshold.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms Rishi Laser's status as a small/mid-sized entity under SEBI norms, meaning it is exempt from the additional borrowing and disclosure requirements applicable to large corporates.