VISESHINFOVISESHINFONSE
''.Non-Applicability of SEBI Circular No. SEBI/DDHS/P/144 dated 26th November, 2018 and SEBI/DDHS-RACPOD1/CIR/
As filed · Visesh Infotecnics Limited has informed the Exchange regarding ''.Non-Applicability of SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November, 2018 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/
CapitalWatchNotablemateriality 66 out of 100
What happened
FactViseshinfo has stated that it does not fall under the Large Corporates category as defined by SEBI Circulars regarding fund raising through the issuance of debt securities. The company has provided this clarification in relation to the applicable SEBI regulations. Additional information is available on the company's website.
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; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%