<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> ....
DAMODARIND · price
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Awaiting price reaction for this filing.
Damodar Industries Limited has filed an initial disclosure to the stock exchanges (BSE and NSE) as required under the SEBI circular dated November 26, 2018 regarding Large Corporate entities. The company confirmed that it does not fall under the Large Corporate criteria. Key details disclosed include outstanding borrowings of Rs. 54.21 crore as on 31st March 2025 (unaudited) and its highest credit rating during FY2024-25 of BBB-/Stable from CRISIL Ratings. BSE and NSE were named as the stock exchanges where any shortfall-related fine would be paid if applicable.
This is a routine regulatory compliance filing with no material impact on shareholders. The company's borrowings are well below the Large Corporate threshold, so no additional borrowing obligations or fine requirements apply.