BSEAngel Fibers LtdMinimalNeutral
Announced Wed, 28 May · 20:38 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> ....

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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

Angel Fibers Limited has filed an initial disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. As of March 31, 2025, the company's outstanding borrowings stood at Rs 26.34 crores, well below the threshold required to be classified as a Large Corporate. Accordingly, the mandatory disclosure and borrowing requirements under the framework are not applicable to the company. The filing was signed by Reena Kanabar (Company Secretary) and Ashish Desai (CFO) on May 28, 2025.

Likely market impact

This is a routine compliance filing with no material impact on shareholders. It simply confirms Angel Fibers is too small (by borrowing size) to be subject to SEBI's Large Corporate debt issuance rules, so no new obligations or fundraising requirements are triggered.