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MAXIMAA SYSTEMS LTD. - Confirmation Regarding The Company Not Being Identified As Large Corporate.
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01 Jun 2020
Respected Sir / Madam,&lt;BR&gt; &lt;BR&gt; In terms of SEBI Circular SEBI/HO/DDHS/CIR/P/ZOIB/IM dated 26th November, 2018, we hereby state that as on 31st March, 2020, we do not have --- &lt;BR&gt; &lt;BR&gt; 1. Debt Securities or Non-Convertible Redeemable Preference Shares, listed on recognized Stock Exchange(s) in terms of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015: and &lt;BR&gt; &lt;BR&gt; 2. An outstanding long term borrowings of Rs. 100 Crores or above as mentioned in the circular; and &lt;BR&gt; &lt;BR&gt; 3. Any Credit Rating of AA and above. &lt;BR&gt; Therefore on the basis of above mentioned points, we hereby confirm that we are not a Large Corporate as per the applicability criteria given under the circular.&lt;BR&gt; &lt;BR&gt; Thanking You, &lt;BR&gt; &lt;BR&gt; Yours faithfully, &lt;BR&gt; &lt;BR&gt; Maximaa Systems Ltd.
View all announcements for MAXIMAA SYSTEMS LTD. Source: BSE India