Quasar India Confirms Non-Applicability of Large Corporate Clause

Key Quantitative Figures

• Outstanding borrowing of the Company as on 31st March, 2026: ₹0 Crores (NIL)

Confirmation

Quasar India Limited confirms that it does not meet the applicability criteria to be classified as a Large Corporate under the specified SEBI framework. The company has no outstanding borrowings, and therefore, the requirements related to credit rating and potential fine payment to stock exchanges for borrowing shortfalls are not applicable.

Financial Impact

The confirmation has no direct financial impact as the company has no outstanding debt and is not subject to the Large Corporate borrowing requirements.

#Tags: #QuasarIndia #SEBIDisclosure #RegulatoryCompliance #LargeCorporate #Neutral