We would like to inform you that as on March 31, 2025, Systematix Corporate Services Limited is "NOT IDENTIFIED AS LARGE CORPORATE"
SYSTMTXC · price
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Systematix Corporate Services Limited has informed the BSE that as of March 31, 2025, the company is 'NOT IDENTIFIED AS LARGE CORPORATE' under the SEBI circular dated November 26, 2018. This SEBI framework requires companies classified as Large Corporates (typically those with outstanding borrowings of Rs. 100 crore or more) to raise at least 25% of their incremental borrowings through debt securities. Since the company does not meet the Large Corporate threshold, this mandatory debt securities issuance requirement does not apply to it. The disclosure was filed on April 22, 2025, and signed by the Company Secretary and CFO.
This is a routine annual compliance filing with no material impact on shareholders or stock price. It simply confirms that the company's borrowing levels are below the SEBI threshold for Large Corporates, so it is exempt from the mandatory minimum 25% debt securities issuance rule.