With reference to the Securities and Exchange Board of India (SEBI) Circular No. SEBI/HO/DDHS/CIR/P /2018/144 dated November 26, 2018 in respect of ‘Fund Raising by Issuance of Debt Securities by Large Entities' and ‘incremental borrowing’ in terms of Clause 3 of the said Circular. Kesar Petroproducts has informed that the company is not a ‘Large Corporate (‘LC’) and therefore compliance of incremental borrowing is not applicable to them.
The above information is a part of company’s filings submitted to BSE.