We confirm that we are not a Large Corporate as per applicability criteria given under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26.11.2018.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sita Enterprises Ltd has submitted a filing to BSE confirming that it does not qualify as a 'Large Corporate' under the criteria laid out in the SEBI circular dated 26 November 2018. The Large Corporate classification typically applies to listed entities with outstanding long-term borrowings above a specified threshold, and such companies have additional disclosure and fundraising obligations. By filing this confirmation, the company is stating it falls outside this category and is not subject to the extra compliance requirements. The letter is signed by the Company Secretary & Compliance Officer and dated 8 April 2025.
This is a routine annual compliance declaration with no material impact on shareholders or the stock price. It simply means the company has lower outstanding borrowings than the SEBI threshold and is not subject to the additional Large Corporate obligations.