This is with reference to SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. In this connection, we would like to inform you that our Company, KD Leisures Limited, ....
Awaiting price reaction for this filing.
KD Leisures Limited has submitted a disclosure to BSE and Calcutta Stock Exchange informing that the company does not qualify as a 'Large Entity' under SEBI's framework as of 31st March 2026. This follows SEBI Circular dated October 19, 2023, which sets thresholds for classifying companies as Large Entities for debt securities regulations. The filing, signed by Director Deepika Awasthi, confirms the company falls below the prescribed threshold that would trigger compliance requirements for debt issuance. This is a routine regulatory intimation filed for information and records.
The company avoids additional regulatory compliance requirements applicable to Large Entities under SEBI's debt securities framework. This indicates KD Leisures is a smaller entity in terms of scale, with no immediate impact on shareholders or stock price.