<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.
Alka India Limited (Scrip Code: 530889, ISIN: INE061B01020) has submitted a declaration to BSE confirming it does NOT qualify as a 'Large Corporate' under SEBI's framework for fund raising by issuance of debt securities (SEBI Circulars dated Nov 26, 2018 and Oct 19, 2023). As per Annexure A disclosure, the company's outstanding borrowing as on 31st March 2025 stands at Rs. 6.75 Crore (based on unaudited financials). No credit rating has been assigned to the company. Since it falls below the Large Corporate threshold, the requirement to file Initial Disclosure (Annexure A) and Annual Disclosure (Annexure B2) for FY ending 31st March 2025 does not apply. The filing is signed by Company Secretary Jinal Shah and CFO Harshkumar Patel.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is below SEBI's Large Corporate threshold, meaning no mandatory incremental borrowing obligations apply for FY25.