Frontline Financial Services Limited has submitted a regulatory disclosure to the Bombay Stock Exchange Ltd. regarding the non-applicability of SEBI Circular SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023.
The circular required all listed entities identified as large corporates (LC) to file initial disclosures within 30 days from the beginning of the financial year. Entities not identified as large corporates were required to submit a confirmation to the exchange in the specified mode.
The company confirms that it is not classified as a large corporate and therefore the provisions of the aforementioned SEBI circular do not apply to it. The communication requests the exchange to take this confirmation into their records.
The disclosure is signed by Sandeep Chhaganlal Mathur, Managing Director (DIN: 08173027), on behalf of Frontline Financial Services Limited.