<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.
Super Sales India Limited has submitted a regulatory disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018. The company states it has not met criteria (ii) and (iii) mentioned in para 2.2 of that circular as on March 31, 2025. Large Corporate classification typically applies to companies exceeding certain borrowing or asset thresholds, and this status carries additional obligations such as mandatorily funding 25% of their incremental borrowings through the debt market. The disclosure is signed by the Company Secretary and Chief Financial Officer and was filed on April 7, 2025.
This is a routine annual compliance filing and has no direct impact on shareholders or the stock price. It simply confirms that the company is exempt from the additional borrowing and disclosure requirements imposed on Large Corporates by SEBI.