Non-classification of the Company as Large Corporate for the financial year 2024-25 as per Chapter XII (Fund…
As filed · Brainbees Solutions Limited ("the Company") has informed the Exchange regarding non-classification of the Company as Large Corporate for the financial year 2024-25 as per Chapter XII (Fund raising by
What happened
FactBrainbees Solutions Limited ("the Company") has informed the Exchange regarding non-classification of the Company as Large Corporate for the financial year 2024-25 as per Chapter XII (Fund raising by issuance of Debt Securities by Large Corporates) of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. Sub.: Submission of Annual Disclosure for the financial year 2024-25 as per Chapter XII (Fund raising by. amendments thereto (the “said Circular”) in respect…
Why it matters
CapitSignal interpretationRaising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Margins
Revisedthere has been a reduction of 1500 bps in our losses.
we have a 320 bps reduction in losses.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
- we have started passing the increase in crude linked raw material prices in manufacturing business to our cust (management committed by Q2 FY27)
- this is a temporary and planned transition that should be complete in Q2 and therefore we expect the growth to (management committed by Q3 FY27)
Evidence
- Brainbees Solutions Limited ("the Company") has informed the Exchange regarding non-classification of the Company as Large Corporate for the financial year 2024-25 as per Chapter XII (Fund raising by issuance of Debt Securities by Large Corporates) of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021.(opens the original filing in a new tab)
- Earlier statement · FY27
- Latest statement · FY27
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%