With regard to fund raising by issuance of debt securities by large entities, Savani Financials has confirmed that as on March 31, 2021, the Company does not fall under the categories as mentioned in Para No. 2.2 of SEBI circular no. SEBI/HO/DDHS/CIR/P/ 2018/144 dated November 26, 2018 and hence the Company is not ‘Large Corporate’. Therefore, the requirement of filing the initial disclosure and annual disclosure in Annexures A and B1 respectively to the aforesaid Circular for the Financial Year ended 31st March 2021 (FY2020-21), does not arise.
The above information is a part of company’s filings submitted to BSE.