<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> ....
Awaiting price reaction for this filing.
Pact Industries Ltd has submitted a declaration to BSE confirming that it is NOT classified as a 'Large Corporate' under the SEBI framework for fund raising by issuance of debt securities (SEBI/HO/DDHS/CIR/P/2018/144 dated October 19, 2023), as of March 31, 2025. The company reported total outstanding borrowings of Rs. 1,13,11,55,000 (approximately Rs. 113.12 crore) as on March 31, 2025, which falls below the Large Corporate threshold. Credit rating and stock exchange details for shortfall penalty are marked as 'Not Applicable' since the framework does not apply. The disclosure was signed by Managing Director Harpreet Singh on April 18, 2025.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. The company's borrowings of ~Rs. 113 crore are well below the Large Corporate threshold (currently Rs. 1,000 crore), so it remains exempt from SEBI's mandatory incremental debt market borrowing requirements.