<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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Dolfin Rubbers Limited has filed an initial disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018. As of December 31, 2024, the company's outstanding borrowings stood at Rs. 14.34 crore, which is well below the Rs. 100 crore threshold required to be classified as a Large Corporate. Consequently, no credit rating or stock exchange fine-related details are applicable to the company. The disclosure was signed jointly by the Company Secretary and the Chief Financial Officer on April 21, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is too small in terms of borrowings to fall under SEBI's Large Corporate framework, meaning it has no obligation to issue debt securities for mandatory borrowing requirements.