Le Merite Exports Not Classified as Large Corporate

Le Merite Exports confirms it does not qualify as a Large Corporate under SEBI's October 2023 circular.
The company's outstanding borrowings are below the specified threshold limit for LC classification.
Its CRISIL BB+/Stable credit rating is below the minimum requirement for the Large Corporate framework.
Consequently, the mandatory initial and annual disclosure requirements are not applicable to the company.