<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> ....
GALLANTT · price
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Awaiting price reaction for this filing.
Gallantt Ispat Limited has submitted a filing to BSE and NSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circulars dated November 26, 2018 and October 19, 2023. As per the disclosure, the company's outstanding borrowing as on 31st March 2025 stands at Nil (Rs. Crore), which is below the threshold for Large Corporate classification. The company holds a highest credit rating of A+ with a Stable outlook, assigned by India Ratings and Research. Accordingly, the quarterly Large Corporate disclosure and borrowing compliance requirements are not applicable to the company for this period.
This is a routine compliance filing with no negative impact. Shareholders can note that Gallantt Ispat carries zero outstanding borrowing and maintains a strong A+ credit rating with stable outlook, indicating a healthy debt-free balance sheet position as of March 2025.