<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.
Velox Shipping and Logistics Ltd has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018, for the financial year ended March 31, 2025. As a result, the company is not required to submit the initial disclosure (Annexure A) or the annual disclosures (Annexures B1 and B2) mandated for Large Corporates. The company previously operated as Velox Industries Limited and has a BSE scrip code of 506178. The letter was signed by Pinal Parekh, Company Secretary and Compliance Officer.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company falls below the Large Corporate threshold and is exempt from the additional disclosure obligations.