<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> ....
BHAGCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bhagiradha Chemicals & Industries Limited has filed an initial disclosure with BSE and NSE confirming that it does not qualify as a 'Large Corporate' under SEBI regulations. The company's outstanding long-term borrowings stand at Rs. 34.04 crore, well below the Rs. 1,000 crore threshold that would classify it as a Large Corporate. The company holds a BBB+ Stable credit rating from India Ratings & Research. This filing is a routine regulatory compliance requirement to confirm the company's LC status as per SEBI circulars dated October 2018 and October 2023.
No material impact on shareholders or stock price. This is a routine compliance filing that confirms the company remains a non-Large Corporate entity, meaning it is not subject to additional SEBI disclosure requirements applicable to large debt issuers.