BSESea TV Network LtdMinimalNeutral
Announced Tue, 29 Apr · 16:56 IST

Pursuant to circular LIST/COMP/59/2019-20 dated March 03,2020 read with applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR /P/2018/144 dated November 26,2018 , we SEA ....

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sea TV Network Ltd has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI Circular dated November 26, 2018, which governs debt securities fundraising by large listed entities. The filing, dated April 29, 2025, references the BSE circular LIST/COMP/59/2019-20 and the SEBI applicability criteria. By declaring itself a non-Large Corporate, the company states it is exempt from the mandatory incremental borrowing and disclosure obligations that apply to Large Corporates. The letter is signed by Karishma Jain, Company Secretary & Compliance Officer.

Likely market impact

This is a routine annual compliance filing with no material impact on shareholders. It indicates the company's outstanding borrowings fall below the ₹100 crore threshold that defines a Large Corporate, meaning it does not need to follow the stricter debt-issuance disclosure rules.