We hereby confirm the Non applicability of Annual Disclosures for Large Corporate for the Company, for the year ended 31st March, 2025.
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Sharpline Broadcast Limited has informed BSE and MSE that it does not qualify as a 'Large Corporate' under SEBI's framework (Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018), which deals with debt securities fundraising. The company confirmed that as of 31 March 2025, it falls below the thresholds specified for large corporates and therefore the additional annual disclosure obligations do not apply to it. The filing was signed by Mrs. Monica, Chief Financial Officer, dated 29 April 2025. The SEBI circular originally required large corporates (based on borrowings or turnover criteria) to make incremental disclosures regarding debt issuance and financing plans. This is a routine regulatory submission clarifying that the company is exempt from those specific requirements.
This is a procedural compliance filing with no material impact on shareholders or stock price. It simply confirms the company is too small to be classified as a large corporate under SEBI rules, meaning it does not face the enhanced disclosure requirements that apply to bigger firms issuing debt.