<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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Sagarsoft (India) Limited has submitted its initial disclosure under SEBI's framework for large entities raising debt securities, covering FY 2025-26 (April 1, 2025 to March 31, 2026). The company confirms that it does NOT qualify as a 'large corporate' because it does not meet all three conditions specified in Clause 3.2 of SEBI Circular dated October 19, 2023. The company's outstanding qualified borrowings were Rs. 0.5824 crores at the start of the year and Rs. 0.6924 crores at the end of the year. No incremental borrowings were done during the year through qualified borrowings or debt securities issuance, and the company has no credit rating. This is a routine annual regulatory filing mandatory for all listed entities.
This is a standard compliance disclosure with no material impact on shareholders or stock price. It simply confirms that Sagarsoft is a small borrower and is exempt from the additional borrowing obligations that apply to large corporates under SEBI rules.