<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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Awaiting price reaction for this filing.
Shraddha Prime Projects Ltd has submitted its annual disclosure to BSE confirming that it does NOT qualify as a Large Corporate as on 31st March 2025, under the SEBI framework (Circular SEBI/HO/DDHS/P/CIR/2021/613). Large Corporate status applies to entities with outstanding borrowings of ₹1,000 crore or more. This means the company's borrowings fall below this threshold. The disclosure was signed by Managing Director Sudhir Mehta on 9th April 2025. This is a routine annual compliance filing required under SEBI's Large Corporate framework.
This is a routine regulatory disclosure with no material impact on shareholders. It simply means the company is exempt from certain mandatory borrowing and disclosure requirements that apply to large corporates. No expected effect on stock price.