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Clarification12 Aug 2026, 12:50 pm

Vegorama Punjabi Angithi Clarifies Escrow Payment Mechanism Non-Applicability

AI Summary

Vegorama Punjabi Angithi Limited has informed the BSE that the requirement to submit an Escrow Payment Mechanism disclosure is not applicable to the company. This clarification is based on SEBI regulations for municipal debt securities, which state that the disclosure is only for issuers of public debt securities or those seeking listing of privately placed municipal debt securities. Vegorama Punjabi Angithi Limited has only issued equity shares and has no municipal bonds or debt securities, thus exempting it from this filing requirement.

Key Highlights

  • Company clarifies non-applicability of Escrow Payment Mechanism disclosure.
  • Exemption based on SEBI regulations for debt securities.
  • Company has only issued equity shares, no debt securities.
  • Disclosure requirement is for municipal debt securities issuers.