<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> ....
BODALCHEM · price
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Awaiting price reaction for this filing.
Bodal Chemicals Ltd has submitted a disclosure to BSE and NSE confirming that it does not fall under the category of 'Large Corporate' (LC) as defined under the SEBI circular dated 19 October 2023 regarding fund raising by issuance of debt securities. The company's outstanding borrowing as on 31 March 2025 stood at ₹520.72 crores. It holds a credit rating of BBB+/Negative from India Ratings and Research Pvt. Ltd. The filing includes the standard Annexure A format listing key details such as CIN, borrowing levels, credit rating, and the stock exchange (BSE) where any shortfall penalty would be paid if applicable.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply clarifies that Bodal Chemicals is not required to meet the mandatory debt issuance thresholds that apply to Large Corporate entities under SEBI norms.