<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.
Vedant Asset Ltd has submitted a declaration to BSE stating that as of March 31, 2025, the company does not qualify as a 'Large Corporate' under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular relates to fund raising through debt securities by large entities. Because the company falls below the threshold, it is exempt from submitting the Initial Disclosure in the prescribed Annexure-A format for the financial year ended March 31, 2025. The filing was signed by Garima Jain, Company Secretary and Compliance Officer, on April 22, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough (based on outstanding debt/borrowings) to be exempt from the additional Large Corporate disclosure requirements.