<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.
Vrundavan Plantation Limited (BSE Scrip Code: 544011) has submitted its annual disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's framework for fund raising through debt securities, as on 31st March 2025. The company's outstanding borrowings as on that date stand at NIL, which is well below the threshold required to be classified as a Large Corporate. Consequently, the requirement to mandatorily raise funds through debt markets and the associated penalty provisions do not apply to the company. The disclosure was signed by the Managing Director, Company Secretary, and Chief Financial Officer.
This is a routine regulatory filing with no material impact on shareholders. It simply confirms the company is too small in terms of borrowings to be subject to SEBI's mandatory debt issuance requirements, meaning no incremental compliance burden or fine exposure for FY2025.