<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.
Ganga Papers India Limited has submitted its initial disclosure to BSE confirming that it does not qualify as a Large Corporate under SEBI's framework. As of March 31, 2025, the company reported NIL outstanding borrowings, which falls below the threshold required for Large Corporate classification. Accordingly, no credit rating and no mandatory debt market borrowing obligations apply to the company. This is a routine annual compliance filing required under SEBI circulars dated October 2023 and August 2021. The disclosure was signed by Prerna Maheshwari, Company Secretary, on April 17, 2025.
This is a routine regulatory compliance disclosure with no material impact on shareholders or the stock. It simply confirms the company's small borrowing profile and exempts it from Large Corporate obligations like mandatory bond market borrowings.