<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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Saven Technologies Ltd has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018, which deals with fund raising by issuance of debt securities by large entities. This is a routine annual/initial disclosure required under SEBI's framework for identifying large corporates based on specified criteria (typically related to borrowing and asset size). The letter is signed by the Chief Financial Officer and Company Secretary, dated April 11, 2025.
This is a routine compliance filing with no material impact on the company's operations, financials, or shareholders. It simply confirms that the company falls below the threshold for large corporate classification under SEBI norms.