<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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Vardhan Capital & Finance Ltd has informed BSE that it does not meet the criteria to be classified as a 'Large Corporate' under SEBI's circular dated November 26, 2018, which governs fund raising through debt securities by large entities. Because of this, the company is exempt from the additional quarterly and annual disclosures that large corporates are required to make regarding debt issuance. The letter, signed by Director Ramesh Vardhan (DIN: 00207488) on April 10, 2025, is purely a regulatory compliance submission and does not involve any new fund raising, financial action, or change in business. It simply confirms the company's smaller scale relative to SEBI's large corporate thresholds.
No material impact on shareholders or stock price. This is a routine compliance filing confirming the company remains below the SEBI large corporate threshold and therefore carries no mandatory debt issuance disclosure obligations.