<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.
Galaxy Bearings Limited has filed its annual Initial Disclosure with BSE under SEBI's Large Corporate framework for FY ended March 31, 2025. The company reported outstanding borrowings of Rs. 29 crore as on March 31, 2025. It confirmed that it does not qualify as a 'Large Corporate' under the applicable SEBI criteria. The disclosure includes no credit rating history and identifies BSE as the exchange where any shortfall fine would be paid, though this is not applicable here.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms Galaxy Bearings is a small-cap company well below the SEBI Large Corporate threshold, so no incremental borrowing or ESG-related obligations are triggered.