<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.
Chrome Silicon Limited (formerly VBC Ferro Alloys Ltd) has submitted an initial disclosure to BSE confirming that the SEBI framework for fund raising by Large Corporate Entities is not applicable to the company. The company states that as on 31 March 2025, it has no outstanding long-term borrowing as defined under clause 2.2 of the SEBI circular dated 26 November 2018. This means the company does not meet the SEBI criteria to be classified as a 'Large Corporate' for debt securities issuance purposes. The disclosure was signed by the Company Secretary and Compliance Officer.
This is a routine regulatory filing and is neutral for shareholders. It confirms the company is not classified as a Large Corporate under SEBI norms and has no significant outstanding long-term debt, suggesting limited debt burden.