
Regulatory21 Apr 2026, 10:35 am
Raj Rayon not a 'Large Corporate' as per SEBI debt issuance norms
AI Summary
Raj Rayon Industries Ltd has informed that it does not meet the criteria to be classified as a 'Large Corporate' (LC) as of March 31, 2026. This declaration is in reference to SEBI circulars (SEBI/HO/DDHS/CIR/P/2018/144 and SEBI/HO/DDHS/P/CIR/2021/613) concerning fund raising by issuance of debt securities by large entities. The company confirms its non-applicability under the framework and criteria outlined in these circulars, meaning specific disclosure requirements for large corporates regarding debt issuance do not apply to Raj Rayon.
Key Highlights
- Raj Rayon confirms non-applicability as a 'Large Corporate'.
- This status is as per SEBI circulars for debt security issuance.
- The classification is effective as of March 31, 2026.
- Specific disclosure requirements for LCs do not apply to the company.
Price Impact
More from RAJRAYON