<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.
Diamond Power Infrastructure Limited has submitted its annual initial disclosure to BSE and NSE under SEBI's framework for Large Corporates (LC). The company has confirmed that it does NOT meet the criteria to be classified as a 'Large Corporate' as on 31 March 2025. Its total outstanding borrowings stood at Rs. 2,185.27 crore as on that date. The credit rating and stock exchange details for fine payment are marked as 'Not Applicable' since the LC tag does not apply. The disclosure is signed by the Company Secretary (Diksha Sharma) and CFO (Vinod Jain) on 29 April 2025.
This is a routine compliance filing with no material impact on shareholders. By not being classified as a Large Corporate, the company is exempt from SEBI's mandatory requirement to raise at least 25% of incremental borrowings through listed debt securities, and is not liable for any shortfall fines.