Declaration that the company is not a Large Corporate as per SEBI Circular for March 2026
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VTM Ltd has submitted a declaration to BSE confirming that it does not qualify as a "Large Corporate" under SEBI's regulatory framework. The declaration references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which sets criteria for entities classified as Large Corporates in the context of debt security issuance. The company states it does not meet the criteria specified in paragraph 2.2 of the circular. This is a routine regulatory compliance filing made to the Corporate Relationship Department of BSE.
No direct impact on shareholders or stock price. This is a standard regulatory confirmation filing that simply establishes VTM Ltd's status as a non-Large Corporate entity under SEBI norms, meaning the company has smaller outstanding debt securities below the threshold specified by SEBI.