The provisions of Large body corporate pertaining to fund raising by issuance of debt securities are not applicable to SHANTI GURU INDUSTRIES LIMITED
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Shanti Guru Industries Ltd has informed the exchanges that the SEBI provisions applicable to Large Corporates regarding fund raising through debt securities do not apply to the company. Under SEBI's framework, entities classified as Large Corporates are required to raise at least 25% of their incremental borrowings via listed debt securities. The company has confirmed that it does not fall within this Large Corporate category, so those mandatory debt issuance rules are not relevant to it. This is essentially a clarification filing rather than any new fundraising or borrowing event.
No material impact on shareholders — this is a routine compliance clarification confirming the company is below the Large Corporate threshold and therefore not bound by SEBI's mandatory debt security issuance norms. It does not signal any new borrowing, fundraise, or change in business outlook.