StockWatch
·
Trading & Distributors
Clarification20 Apr 2026, 11:11 pm

MRC Agrotech: Not a Large Corporate for Debt Securities

AI Summary

MRC Agrotech Ltd has confirmed that it does not meet the criteria to be classified as a 'Large Corporate' as of March 31, 2026, according to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144. Consequently, the company is not required to make the initial disclosure for fundraising via debt securities as stipulated by the circular. This clarification is for informational purposes and records.

Key Highlights

  • Company confirms it's not a 'Large Corporate' under SEBI rules.
  • No initial disclosure required for debt securities issuance.
  • Clarification pertains to SEBI circular dated November 26, 2018.
  • Applies to the company's status as of March 31, 2026.