With reference to the SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018, regarding fund raising by issuance of Debt Securities by Large Entities and disclosure and compliances thereof by such Large Corporate (LC), Modern Threads (India) has confirmed that the company is not a ‘Large Corporate (LC)’ as per the applicability criteria given under the above SEBI circular. Hence, there is no requirement for filing of initial disclosure in ‘Annexure-A’ and Annual Disclosure in ‘Annexure-B’ to the said operational circular for the financial year ended 31st March, 2023.
The above information is a part of company’s filings submitted to BSE.