<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> ....
CONFIPET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Confidence Petroleum India Ltd has submitted a regulatory disclosure to NSE and BSE clarifying that it does not qualify as a 'Large Corporate' under SEBI's criteria specified in Chapter XII of Operational Circular SEBI/HO/DDHS/P/CIR/2021/613. As required by the framework, the company nonetheless disclosed its borrowing details: outstanding secured borrowings stood at Rs 173 Crores as of 31st March 2026. The company's highest credit rating during the previous financial year was 'A' (Single A) assigned by Acuite Rating and Research. Since the company is not classified as a Large Corporate, the fine payment provision under the framework is not applicable.
This filing is a routine regulatory confirmation and has no direct impact on shareholders. The company clarifies it falls outside the SEBI Large Corporate borrowing framework, which carries specific disclosure and fine obligations.