<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.
Saptarishi Agro Industries filed a confirmation with BSE stating it is not classified as a 'Large Corporate' under SEBI's November 26, 2018 circular on fund raising through debt securities by large entities. The company reported outstanding borrowings of Rs. 17.10 crore as of March 31, 2025 (unaudited figure). Because this falls well below the Large Corporate threshold, the company is exempt from filing the Annexure A initial disclosure and the mandatory incremental borrowing requirements. No credit rating has been obtained, consistent with its non-Large Corporate status. The filing has been signed jointly by the Managing Director/CFO and the Company Secretary.
This is a routine regulatory compliance submission that confirms the company is too small to fall under SEBI's Large Corporate debt framework, so there is no material impact on shareholders or stock price. Investors should note the Rs. 17.10 crore borrowing figure is still unaudited and subject to change.