<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.
Sobhagya Mercantile Limited has informed BSE that it does not qualify as a 'Large Corporate' as of 31st March 2025, under the SEBI framework for fund raising by issuance of debt securities (SEBI Circular dated October 19, 2023). Since the company falls below the Large Corporate threshold, the related disclosure and compliance requirements are not applicable to it. The company has committed to informing the exchange if it crosses the threshold in the future. The disclosure was signed by Managing Director Shrikant Bhangdiya on April 25, 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's smaller scale relative to SEBI's Large Corporate criteria.