<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Megh Mayur Infra Limited (formerly Poddar Infrastructure Limited, earlier known as Transoceanic Properties Limited) has submitted a filing to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated April 13, 2022. This is a routine annual disclosure required by SEBI for companies meeting certain size thresholds (typically based on borrowings). The company has officially confirmed it falls below those thresholds and is therefore exempt from the additional borrowing and disclosure obligations applicable to Large Corporates. The filing is signed by the Company Secretary and Chief Financial Officer.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough to be exempt from additional SEBI requirements meant for larger entities.