<b>Format of the Annual 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> ....
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Uday Jewellery Industries Limited has submitted its annual disclosure to BSE as a 'Large Corporate' under SEBI's November 2018 circular. The disclosure covers the 2-year block period of FY 2023-24 and FY 2024-25. The company reported no incremental borrowing during FY 2024-25, which means the mandatory 25% borrowing through debt securities rule does not apply to it. Consequently, there is no shortfall and no penalty payable for the block period.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock, as the company did not undertake any new borrowing during the year and has nothing to report under the debt securities requirement.