<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.
Stellar Capital Services Ltd has filed a confirmation with BSE stating that it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular on fund-raising by issuance of debt securities. The company is listed on the BSE-SME platform and does not meet the key criteria: it has no outstanding long-term borrowings of Rs. 100 crore or above, and it does not hold a credit rating of 'AA' or higher. Therefore, the additional quarterly disclosure obligations that apply to Large Corporates are not applicable to it.
This is a routine compliance submission and has no material impact on shareholders or the stock price. It simply confirms the company's small size relative to the SEBI Large Corporate threshold, meaning it is exempt from certain incremental debt-related reporting requirements.