<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> ....
VIVIDHA · price
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Visagar Polytex Limited has filed a confirmation with BSE and NSE stating that it does not fall under the category of 'Large Corporates' as defined by SEBI. The company also confirms that it does not have any outstanding Debt Securities. This confirmation is made pursuant to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which pertains to fund raising through debt securities by large entities. Since the company does not meet the applicability criteria, the disclosure requirements under this circular are not applicable to it. The letter is signed by Tilokchand Kothari, Managing Director.
This is a routine compliance filing confirming non-applicability of SEBI regulations. It has no direct impact on shareholders or stock price as the company simply clarifies it is not classified as a Large Corporate and has no debt obligations under this framework.