With reference to the Circular No. SEBI/HO/DDHS/DDHS-RACPODl/P/CIR/2023/172, dated October 19, 2023 regarding fund raising by issuance of debt securities by large entities, Andhra Cements has informed that it is not qualified to be considered as a large corporate in view of not fulfilling simultaneously all the three conditions mentioned in Clause 3.2 of he said Circular.
The above information is a part of company’s filings submitted to BSE.