<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.
Dilip Buildcon Limited has submitted a disclosure to BSE and NSE stating that it does not fall under the category of 'Large Corporates' as defined under SEBI's October 19, 2023 circular on fund raising by issuance of debt securities by large entities. As per the annexure, the company's outstanding borrowing as of March 31, 2025 stood at Rs. 102.36 crore. CRISIL Ratings Limited is the credit rating agency. The company is providing this initial disclosure confirming non-applicability of the framework.
This is largely a routine compliance filing. Dilip Buildcon is clarifying that the SEBI mandate requiring large corporates to raise a minimum portion of borrowings through listed debt securities does not apply to it, meaning no mandatory bond/debt security issuance obligation under this framework.