Star Paper Mills Limited has informed the Exchange regarding 'Non applicability of large entity criteria as per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th Nov., 2018'.
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Star Paper Mills Limited has notified NSE and BSE that it does not qualify as a Large Corporate (LC) for the year ended March 31, 2026, under the SEBI framework for entities that raise funds through debt securities. The company has confirmed it has zero borrowings outstanding as of March 31, 2026. Since there are no debt obligations, the annual disclosure and compliance requirements under the SEBI circular are not applicable to the company. This is a routine regulatory compliance filing to formally declare the non-applicability status.
This filing has minimal direct impact on shareholders. It confirms the company has no outstanding debt borrowings, which could be viewed as a clean balance sheet indicator. The filing primarily establishes that future debt-raising activities, if any, would need to comply with Large Corporate disclosure norms.