Pursuant to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144, dated 26th November, 2018 read with circular dated 13th April, 2022 for fund raising by issuance of debt securities by large entities and compliances thereof, Akar Auto Industries has clarified that the company is out of the purview of Large Corporate(LC) category as per framework provided in the aforesaid circular.
The above information is a part of company’s filings submitted to BSE.