
Regulatory21 Apr 2026, 01:26 pm
Cyber Media not 'Large Corporate'; SEBI debt issuance rules inapplicable
AI Summary
Cyber Media India Ltd confirmed that it does not meet the criteria of a "Large Corporate" as defined in Para No. 3.2 of SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, dated October 19, 2023. This circular pertains to fund raising by the issuance of debt securities for large entities. Consequently, the framework and regulations outlined in the said circular are not applicable to Cyber Media India Ltd as of March 31, 2026. This clarification ensures compliance with regulatory disclosure requirements regarding the applicability of such frameworks.
Key Highlights
- Cyber Media confirmed non-applicability of SEBI's 'Large Corporate' debt rules.
- Company does not meet criteria for 'Large Corporate' as of March 31, 2026.
- SEBI Circular on debt issuance for large entities is not applicable to the company.
- This clarifies regulatory compliance regarding fund raising.
Price Impact
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