<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> ....
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Awaiting price reaction for this filing.
Cargosol Logistics Ltd has filed its annual disclosure to BSE as required under SEBI's November 2018 circular on large corporate borrowings. The company confirmed that it does not qualify as a 'Large Corporate' under the framework's criteria. As of 31st March 2025, its long-term borrowings stood at approximately ₹12.30 crore (unaudited), which is well below the threshold required to be classified as a large corporate. The company also stated that no credit rating is applicable to it. The disclosure was signed by Director Samuel Janathan Muliyil on 29th April 2025.
This is a routine regulatory compliance filing with no material impact on shareholders. The company's low borrowing levels mean it is exempt from mandatory debt market fundraising obligations, leaving its financing flexibility unchanged.