With reference to the Circular No. SEBI/HO/DDHS/PoDl/P/CIR/2023/119, dated August 10, 2021 updated as on July 07, 2023 regarding fund raising by issuance of debt securities by large entities, Sagarsoft (India) has informed that the company is not qualified to be considered as a large corporate in view of its not fulfilling simultaneously all the three conditions mentioned in Clause 1.2 of the said Circular.
The above information is a part of company’s filings submitted to BSE.