<b>Format of the Annual 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> ....
Awaiting price reaction for this filing.
Alka India Limited (BSE: 530889) has submitted its annual disclosure under SEBI's Large Corporate framework for FY 2024-25, declaring that the company does not qualify as a 'Large Corporate' as per the criteria in SEBI circulars dated November 26, 2018 and October 19, 2023. Consequently, the mandatory requirement to raise at least 25% of incremental borrowing through debt securities does not apply to the company. All fields in Annexure B-2 — including incremental borrowing, mandatory borrowing via debt securities, shortfalls, and any penalties — have been marked as 'Not Applicable.' The disclosure was signed by Company Secretary Jinal Shah and CFO Harshkumar Patel on May 1, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company falls below the Large Corporate threshold, meaning it has no obligation to issue a portion of its borrowings as listed debt securities.