<b>Format of the Annual 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> ....
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Awaiting price reaction for this filing.
Vivid Mercantile Limited has filed an annual disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's framework for entities raising debt securities. The disclosure is filed as per SEBI Circulars dated August 10, 2021 and March 31, 2023, which set thresholds based on borrowing limits and assets. The company states that as per Clause 2.2 of the circular, it falls outside the Large Corporate category. The letter was signed by Managing Director Satishkumar Ramanlal Gajjar on April 25, 2025.
This is a routine regulatory compliance filing and has no material impact on shareholders or the stock. It simply means the company is below SEBI's borrowing/asset threshold and is not subject to the additional debt-disclosure requirements applicable to large corporates.