Modis Navnirman Ltd — Important, 06-04-2026: Company Update

Modis Navnirman Limited has clarified that it does not meet the criteria to be classified as a 'Large Corporate' as per existing regulations. This means the company is exempt from certain additional disclosure and compliance requirements that apply to larger firms when issuing debt securities. This clarification indicates a simpler regulatory path for Modis Navnirman should it choose to raise funds through debt in the future.