<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.
Ratnakar Securities Limited has filed a disclosure confirming it is NOT classified as a 'Large Corporate' under SEBI regulations. The company states it does not meet the applicability criteria outlined in SEBI Master Circular dated May 22, 2024 regarding fund raising through debt securities. As per the attached Annexure-A format, the company's outstanding long-term borrowing as of March 31, 2026 was Rs. 72,25,708.60 (approximately Rs. 72.26 lakhs). The company has no credit rating assigned. The filing is signed by Kushal Ajay Shah (Whole Time Director) and Ajay Nagindas Gandhi (CFO).
This filing confirms the company falls below the borrowing threshold that would classify it as a Large Corporate, meaning it avoids additional SEBI disclosure requirements related to debt issuance. The relatively low debt level of under Rs. 73 lakhs suggests limited leverage and no immediate regulatory burden from the Large Corporate framework.