<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.
Udaipur Cement Works Ltd has filed an initial disclosure confirming it qualifies as a 'Large Corporate' under SEBI's October 19, 2023 circular. The company reported total outstanding borrowings of ₹1,469.42 crore as of 31st March 2025. It holds AA/Stable credit ratings from both CARE and CRISIL, the highest investment-grade tier in India. The filing is a routine annual compliance requirement under SEBI's framework, which mandates large listed companies to raise a minimum share of borrowings through the corporate bond market. The disclosure was signed by the Company Secretary and CFO on 25th April 2025.
This is a regulatory compliance filing with no direct impact on stock price or shareholder value. However, it reveals the company carries sizeable debt of nearly ₹1,470 crore and maintains strong AA-rated creditworthiness, suggesting comfortable borrowing capacity and low default risk.