<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> ....
STOVEKRAFT · price
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Awaiting price reaction for this filing.
Stove Kraft Limited has informed the stock exchanges that the SEBI Circular dated November 26, 2018 regarding fund raising through debt securities by Large Corporates does not apply to the company. The company confirmed it does not meet the criteria to be classified as a Large Corporate under the said circular. Consequently, filing of initial disclosure and annual disclosure as required under that circular is not applicable to Stove Kraft. The letter is signed by the Company Secretary and Chief Financial Officer.
This is a routine compliance clarification with no material impact on shareholders or the stock price — the company is simply confirming it falls outside the Large Corporate category for SEBI's debt security disclosure norms.