We are not a "Large Corporate" within the framework given under Para 2.2 of SEBI circular No.144 dt.26.11.2018 and hence requisite disclosure does not arise.
SALZERELEC · price
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Salzer Electronics Ltd has submitted a disclosure to BSE clarifying that it does not qualify as a 'Large Corporate' under Para 2.2 of SEBI Circular No. 144 dated 26.11.2018. As a result, the enhanced disclosure and reporting requirements applicable to Large Corporates under this framework do not apply to the company. This is essentially a regulatory compliance filing confirming the non-applicability of certain SEBI disclosure norms to the company.
Neutral impact on shareholders. This filing merely clarifies the company's status regarding SEBI's Large Corporate disclosure framework and does not indicate any financial performance change or new obligations. Investors can note that Salzer Electronics is classified as a non-Large Corporate entity.