Intimation for Non-Applicability Of Large Corporate (LC) Disclosure For the Year Ended 31st March, 2025
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Sattrix Information Security Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework governing fund raising through debt securities. The company meets only one of the three required criteria (listing of equity shares on BSE), but falls short on the other two — outstanding borrowings and credit rating. As a result, the company is exempt from filing the Initial Disclosure and Annual Disclosures (Annexures A, B1, and B2) for FY 2024-25. This is a routine regulatory compliance intimation and does not involve any new financial action or commitment.
No material impact on shareholders or stock price. This is a standard compliance communication confirming that the company is small enough to be exempt from a specific debt-disclosure rule meant for larger listed entities.