<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.
Solarium Green Energy Limited has filed an Initial Disclosure with BSE confirming it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. As of March 31, 2025, the company's outstanding borrowing stood at just Rs. 32.31 Lakhs, well below the threshold for Large Corporate classification. Accordingly, the company is exempt from the mandatory debt-market borrowing and related disclosure requirements that apply to Large Corporates. The filing was signed by Chairman & Managing Director Ankit Garg and Company Secretary Himanshu Thakkar on May 3, 2025, from Ahmedabad.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms Solarium Green Energy is a small borrower and is not subject to the extra debt-market obligations imposed on large listed corporates.