Angel Broking has informed that in reference to the SEBI Circular (Ref No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018) whereby amongst others, the listed entities which are identified as ‘Large Corporate’ within the meaning as specified in the said circular, are required to file an Initial Disclosure within 30 days from the beginning of the Financial Year giving certain information. Angel Broking, (‘the Company’), meets only one of the three conditions required to be considered a large corporate viz., the Company’s equity shares are listed on the stock exchanges; However, second and third condition with respect to outstanding borrowings and Credit rating are not meet with. In view of the above, it is confirmed that the Company is NOT a Large Corporate and hence, intimation in Annexure A as specified in aforementioned Circular as directed by the Exchange, is not required to be submitted.
The above information is a part of company’s filings submitted to BSE.