Pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November, 2018 and stock exchange Circular LIST/COMP/05/2019-20 dated 11th April, 2019 on ‘Fund Raising by issuance of Debt Securities by Large Entities’, Modern Converters has informed that the company has does not fall under Large Corporate Framework (LC) as defined under the said Circulars and hence not required to make any disclosures under the said circular.
The above information is a part of company’s filings submitted to BSE.