
Regulatory22 Apr 2026, 12:15 pm
Lorenzini Apparels Not Classified as Large Corporate Under SEBI Norms
AI Summary
Lorenzini Apparels Ltd confirms it does not meet the criteria to be classified as a Large Corporate (LC) according to SEBI circulars dated November 26, 2018, August 10, 2021, and October 19, 2023. The company does not have outstanding long-term borrowings of ₹1,000 crore or above, a credit rating of “AA” and above, and is not a listed entity with specified securities listed. Therefore, disclosure requirements applicable to Large Corporates are not applicable to Lorenzini Apparels.
Key Highlights
- Lorenzini Apparels confirms it is not classified as a Large Corporate (LC) under SEBI guidelines.
- Company does not meet criteria for LC status: ₹1,000 Cr+ borrowings, 'AA' rating, listed securities.
- Disclosure requirements for Large Corporates are not applicable to Lorenzini Apparels.
- SEBI circulars referenced: SEBI/HO/DDHS/CIR/P/2018/144, SEBI/HO/DDHS/P/CIR/2021/613, SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172.
Price Impact
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