We hereby confirm that Mackinnon Mackenzie and Company Limited does not fall under the category of ''Large Corporates'' as defined under the circulars, as amended from time to time. Accordingly, ....
Awaiting price reaction for this filing.
Mackinnon Mackenzie and Company Limited has confirmed to BSE that it does not fall under the SEBI-defined category of 'Large Corporates'. As a result, the company is not required to make Initial Disclosure or Annual Disclosure filings under the SEBI framework for fund raising through debt securities (per SEBI circulars dated November 26, 2018 and October 19, 2023). This is a routine regulatory compliance filing confirming the company's exempt status.
Neutral filing for shareholders. The confirmation that the company is not a Large Corporate indicates it has lower outstanding borrowings or debt levels relative to SEBI thresholds, exempting it from enhanced disclosure norms. No direct impact on stock price expected.