<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> ....
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Galaxy Bearings Limited has filed its annual disclosure with BSE regarding the SEBI circular on Large Corporate borrowing norms for FY 2024-25. The company has confirmed that it does not qualify as a Large Corporate under the SEBI criteria for the financial year ended March 31, 2025. All reported figures — incremental borrowing, mandatory borrowing through debt securities, shortfall, and penalty — are Nil. The 2-year block period covered is FY 2024-25 and FY 2025-26 for current disclosures, and FY 2023-24 and FY 2024-25 for the previous block's penalty check.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company falls below the Large Corporate threshold and is exempt from SEBI's mandatory debt securities borrowing requirement.