<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.
Vaarad Ventures Ltd has submitted a disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's circular regarding fund raising through debt securities. The company stated that its outstanding long-term borrowing was below Rs. 100 crores as on March 31, 2025, which is the threshold for being classified as a Large Corporate. Therefore, the mandatory disclosure requirements under the SEBI circular do not apply to the company. This is a routine regulatory compliance filing with no new financial action being announced.
This is a routine compliance disclosure and has no material impact on shareholders or the stock price. It simply confirms the company has modest debt levels (under Rs. 100 crore in long-term borrowings), which means it is exempt from certain SEBI disclosure obligations applicable to larger borrowers.