Disclosure to be made by an entity identified as NOT a large Corporate
ALKYLAMINE · price
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Awaiting price reaction for this filing.
Alkyl Amines Chemicals Limited has filed an annual disclosure with BSE and NSE confirming that it does not qualify as a 'Large Corporate' under SEBI's framework for debt security issuance. As of March 31, 2025, the company reported NIL outstanding borrowings. The company holds strong credit ratings of CRISIL A1+ on short-term bank facilities and CRISIL AA-/Stable on long-term bank facilities, assigned by CRISIL Limited. The filing is made pursuant to SEBI Circular dated November 26, 2018, which requires large corporates to raise a minimum portion of borrowings through the debt market.
No material impact on shareholders — this is a routine regulatory filing. The NIL outstanding borrowings indicate a debt-free balance sheet, while the strong credit ratings reflect good financial health and lender confidence in the company.