Pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018 for fund raising by issuance of debt securities by Large Entities and compliances thereof, we hereby ....
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Suvidha Infraestate Corporation Ltd has informed BSE that it does not fall under the 'Large Corporate' category as defined by SEBI's circular dated 26th November 2018 regarding fund raising through debt securities. Under this framework, companies classified as large corporates are required to raise a minimum portion of their borrowings through debt securities listed on stock exchanges. The company has confirmed it is outside the scope of this requirement. The declaration was signed by Managing Director Kishorekumar K. Goswami on 8th April 2025. This is a routine annual/periodic compliance disclosure required from listed companies to clarify their status under the framework.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company is below the size threshold to be classified as a large corporate under SEBI rules, meaning it has no obligation to issue listed debt securities to meet the framework's requirements.