Regulatory30 Apr 2026, 05:21 pm
Arur Footwear not a Large Corporate under SEBI debt rules
AI Summary
Arur Footwear Ltd has confirmed that it does not meet the criteria to be identified as a 'Large Corporate' as per SEBI Circulars dated November 26, 2018, and October 19, 2023. These circulars pertain to fund raising by issuance of debt securities by large entities. Consequently, the said SEBI circulars are not applicable to the company for the time being.
Key Highlights
- Arur Footwear confirms it does not meet 'Large Corporate' criteria.
- SEBI circulars on debt fundraising for large entities are not applicable.
- Status is based on Clause 2 of the specified SEBI circulars.
- Company is currently exempt from these specific regulations.
Price Impact
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