Pursuant to the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018 (Circular), Bhagwati Autocast has confirmed that the Company is not falling under the category of Large Corporate Entity as per the framework / applicability criteria mentioned in clause 2.2 of the said circular as on 31st March, 2024. Hence, the requirement of filing the Initial Disclosure as per the aforesaid Circular for the beginning of the financial year 2024-25, does not arise.
The above information is a part of company’s filings submitted to BSE.