<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> ....
ARFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arfin India Ltd has informed BSE that it does not qualify as a 'Large Corporate' as of March 31, 2025, under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The circular requires companies classified as large corporates to raise at least 25% of their incremental borrowings through debt securities listed on a stock exchange. Since Arfin India falls outside the large corporate criteria, this mandatory debt-market borrowing requirement does not apply to it. The letter was signed by Mahendra R. Shah, Chairman & Whole Time Director, on April 28, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms Arfin India is below the large-corporate threshold and is not obligated to raise a portion of its borrowings through listed debt securities.