AKSHARCHEMBSEAksharChem India Ltd-$MinimalNeutral
Announced Thu, 10 Apr · 16:43 IST

<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> ....

AKSHARCHEM · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

AksharChem India Ltd has filed its annual Initial Disclosure with BSE and NSE as required under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, regarding the Large Corporate (LC) framework for debt security issuance. The company confirmed it does NOT qualify as a Large Corporate as of March 31, 2025. Its total outstanding borrowings stood at Rs. 22.17 crore. The company holds credit ratings of CARE A- (Stable) for long-term bank facilities and CARE A2+ for short-term bank facilities, assigned by CARE Ratings Limited. BSE has been named as the designated stock exchange for any potential shortfall-related fines.

Likely market impact

This is a routine annual compliance filing with no material impact on shareholders or stock price. It confirms AksharChem's borrowings remain well below the Large Corporate threshold, and its investment-grade credit ratings indicate a stable financial profile.