Visesh Infotecnics Limited has informed the Exchange regarding ''.Non-Applicability of SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 with regard to Fund Raising by Issuance of Debt Securities by Large Entities
Awaiting price reaction for this filing.
Visesh Infotecnics Limited has informed the stock exchange that two SEBI circulars — SEBI/HO/DDHS/CIR/P/2018/144 (November 26, 2018) and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 (October 19, 2023) — regarding fund raising by issuance of debt securities by Large Entities do not apply to the company. These circulars mandate that entities classified as 'Large' must raise a minimum portion of their borrowings through listed debt securities. By declaring non-applicability, the company is confirming that it does not meet the Large Entity criteria defined by SEBI (based on outstanding borrowing thresholds). This is a routine compliance disclosure filed with the exchange.
No material impact on shareholders or stock price. This is a standard regulatory filing confirming that the company's borrowing size does not place it under SEBI's large-entity debt issuance requirements, so it faces no additional compliance obligations under these specific circulars.