BSEGammon India LtdMinimalNeutral
Announced Wed, 14 Jan · 15:34 IST
<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> ....
Compliance View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Gammon India Limited has filed its annual Large Corporate disclosure with the stock exchange as required by SEBI norms. The company's total outstanding debt stood at Rs. 4,202.70 crore as on 31 March 2024. The company reported NIL incremental borrowing during the financial year, and consequently, NIL mandatory borrowing through debt securities was required. All related shortfall figures have also been reported as NIL.
Likely market impact
This is a routine regulatory compliance filing and does not directly affect shareholders or the stock price. However, the high existing debt of Rs. 4,202.70 crore indicates a heavily leveraged balance sheet, even though no new borrowings were taken during the year.