<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
AKSHOPTFBR · price
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Awaiting price reaction for this filing.
Aksh Optifibre Limited has submitted a formal disclosure to the stock exchanges confirming that it does not qualify as a 'Large Corporate' under SEBI's framework for the financial year ended March 31, 2025. The company's total outstanding borrowings stood at Rs. 98.93 crore as on March 31, 2025, which falls below the Large Corporate threshold. The company carries a credit rating of 'D' from CARE Ratings Limited, which is the lowest rating category indicating the entity is in default or expected default. The disclosure was signed jointly by the CFO and Company Secretary on April 28, 2025.
This is a routine compliance filing with no material business impact. However, investors should note the 'D' credit rating from CARE, which signals existing or imminent debt default risk — a significant red flag worth monitoring closely despite the company not being classified as a Large Corporate.