<b>Format of the Annual 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> ....
ENIL · price
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Entertainment Network (India) Ltd (ENIL, BSE: 532700), the operator of Radio Mirchi, has submitted its annual Initial Disclosure under SEBI's Large Corporate framework (circular dated October 19, 2023). The company confirmed it does NOT qualify as a Large Corporate. It reported nil outstanding borrowings as on March 31, 2026, meaning it has a completely debt-free balance sheet. Crisil's long-term credit rating stands at AA+ but is currently on 'Rating Watch with Developing Implications,' indicating an ongoing rating review. The disclosure was filed with both BSE and NSE, signed by the Company Secretary and CFO.
This is a routine SEBI compliance filing with no direct impact on shareholders or the stock. The zero borrowings signal a debt-free company, while the rating watch developing flag means Crisil is evaluating a possible rating change — investors should track any future rating action for credit-risk signals.