<b>Format of the Annual 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> ....
SURAJEST · price
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Awaiting price reaction for this filing.
Suraj Estate Developers Limited has informed the stock exchanges that as of March 31, 2025, it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018 (SEBI/HO/DDHS/CIR/P/2018/144) governing fund raising via debt securities. Since the company falls outside the criteria mentioned in paragraph 2.2 of the circular, the annual disclosure obligation for FY 2024-25 does not arise. The communication is signed by Mukesh Gupta, Company Secretary and Compliance Officer, and was filed on May 16, 2025 to both NSE and BSE.
This is a routine compliance confirmation with no material impact on shareholders or stock price. It simply means the company does not meet the size thresholds (borrowing or outstanding debt) required to be classified as a Large Corporate, so the related disclosure and incremental borrowing obligations under that framework do not apply to it.