Annual Disclosure Regarding Non-Applicability as a Large Corporate
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TGIF Agribusiness Limited has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for fund raising through debt securities, based on the criteria in the relevant SEBI circulars dated November 26, 2018, August 10, 2021, and October 19, 2023. Because the company falls below the large corporate threshold, the annual disclosure requirement mandated for large corporates under these circulars does not apply to it. The letter, dated May 12, 2025, is a routine compliance confirmation signed by the Company Secretary, Sapan Dalal. No financial figures, fund-raising details, or business updates are included in this filing.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is below the size threshold that would trigger additional debt-related reporting obligations.