Pursuant to chapter XII of the SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (Updated as on April 13, 2022) read along with Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 ....
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Awaiting price reaction for this filing.
Shristi Infrastructure Development Corporation Ltd has informed the stock exchanges (BSE and Calcutta Stock Exchange) that it does not meet the criteria to be classified as a 'Large Corporate' under the relevant SEBI operational circulars governing fund raising through debt securities. The confirmation was filed on April 3, 2025, by the Company Secretary, as a routine annual compliance requirement. No specific financial thresholds or numbers were disclosed in the filing, only the declaration of non-qualification.
This is a routine regulatory compliance disclosure with no material impact on shareholders or the stock price. The company simply falls outside the additional disclosure and incremental borrowing obligations that apply to large corporates under SEBI's debt framework.