With reference to the above mentioned circular read with Circular No. LIST/COMP/59/2019-20 dated 03rd March, 2020, in connection with fund raising by issuance of debt securities by Large ....
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Awaiting price reaction for this filing.
Siddha Ventures Ltd has filed a compliance disclosure with BSE confirming that, as on 31st March 2025, the company does not qualify as a 'Large Corporate' under the criteria specified in SEBI's circular dated 26th November 2018 (read with the BSE circular of 3rd March 2020) regarding fund raising through debt securities. Large Corporate status, if applicable, would have required the company to raise at least 25% of its incremental borrowings through debt securities. The filing is signed by Nikita Agarwal, Company Secretary & Compliance Officer, dated 25th April 2025.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is exempt from large-entity debt security issuance obligations for FY25.