With reference to the SEBI Circular SEBI/HO/DDHS/CIR/P/ 2018/144 dated November 26, 2018 in respect of Large Corporate (LC), RACL Geartech has confirmed on the basis of the below mentioned: ‘Outstanding long term borrowing of RACL Geartech is less than INR 100 crores as on March 31, 2025.’ that the company is not a Large Corporate (LC) as defined in the aforesaid circular. As per the criteria specified in the aforementioned SEBI circular, an entity is classified as a Large Corporate only if all three specified conditions are met. Since the Company does not meet all of the key conditions, it has confirmed that the Company does not fall under the category of a Large Corporate (LC) as on 31st March, 2025.
The above information is a part of company’s filings submitted to BSE.
