<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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Awaiting price reaction for this filing.
UTL Industries Ltd has submitted a declaration to BSE confirming that it does not fall under the category of 'Large Corporate' as per SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, as on 31st March 2025. Large Corporate classification applies to entities meeting certain borrowing thresholds, and this company falls below those thresholds. As a result, the company is not required to file the Annual Disclosure for incremental borrowings for Financial Year 2024-25. The declaration was signed by Mr. Paras Jain, Managing Director, on April 7, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is not large enough in borrowing terms to trigger additional SEBI disclosure requirements, indicating its debt levels remain modest.