Pursuant to SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, read with Chapter XII of the SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 and SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, relating to the fund raising framework by issuance of debt securities by Large Corporates, International Combustion (India) has confirmed that the company does not qualify as a ‘Large Corporate’ as per the applicability criteria specified under Para 3.2 of the aforesaid SEBI Circular for the financial year 2025-26. Accordingly, the provisions relating to Large Corporates are not applicable to the Company.
The above information is a part of company’s filings submitted to BSE.
