The applicability criteria given under circular for fund raising by issuance of debt securities by large corporates is not applicable on our company. Attaching herewith the intimation pertaining ....
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Trade Wings Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for fund raising through debt securities, as assessed on 31st March 2025. The company is therefore not subject to the mandatory borrowing and disclosure requirements that apply to large corporates under the relevant SEBI circulars dated October 19, 2023 and November 26, 2018. Two separate intimations to this effect were filed on April 15, 2025 by the Company Secretary, Zurica Kevin Pinto. This is a routine annual compliance disclosure confirming the company's smaller scale relative to the SEBI threshold.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms Trade Wings Ltd falls below the 'Large Corporate' threshold and is exempt from related debt-market disclosure obligations.