With reference to the SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018 SEBI/HO/DDHS/P/CIR/2021/613 dated April 13 2022 and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19 2023 in respect of fund raising by issuance of debt securities by Large Corporates (LC) disclosures and compliances thereof by such Large Corporates (LC) we submit that our Company MODIS NAVNIRMAN LIMITED does not fall under the category of Large Corporates (LC) as per the framework provided in the aforesaid circular
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