<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> ....
STUDDS · price
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Studds Accessories Ltd has filed confirmation that it does not qualify as a Large Corporate under SEBI's framework for issuance of debt securities. The company has disclosed that its outstanding borrowing as of March 31, 2026 is Nil. The company's highest credit rating is CARE A+ (Stable) though this rating was subsequently withdrawn at the company's own request. The filing is in compliance with SEBI circulars SEBI/HO/DDHS/CIR/P/2018/144, SEBI/HO/DDHS/P/CIR/2021/613, and SEBI/HO/DDHS/DDHS-POD1/P/CIR/2023/172. The annexure provides this information in the prescribed format and is signed by CFO Manish Mehta and Company Secretary Asha Mittal.
The confirmation of non-applicability indicates the company is below the borrowing threshold that would classify it as a Large Corporate, and it is not subject to enhanced disclosure or fine obligations under the SEBI debt issuance framework.