'Non Applicability of SEBI circular SEBI/DDHS/P/144 dated November 26, 2018 - fund raising by issuance of…
As filed · Onelife Capital Advisors Limited has informed the Exchange regarding 'Non Applicability of SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 - fund raising by issuance of debt securiti
CapitalWatchMinormateriality 58 out of 100
What happened
FactONELIFECAP has confirmed that it does not qualify as a "Large Corporate" under the SEBI circular regarding fund raising through the issuance of debt securities. The company has submitted this information to both the BSE and NSE. This filing is in compliance with the SEBI guidelines dated November 26, 2018.
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.
Watch next
Fact- Instrument and amount finally raised
- Stated use of proceeds
- Whether the enabling resolution is actually used
Evidence
How CapitSignal classified this
- Reasoning:
- FUNDRAISE base 58; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%