Announced Fri, 17 Apr · 17:03 IST
Company declares non-applicability of Large Corporate status under SEBI debt circular
Compliance View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
+9.7%1-day move
₹22.77
prior close
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base price
After-mkt
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————+9.7+5.8+5.8+5.8+5.4+5.4-12.6-17.6-20.6-18.5
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AI summary
Garware Synthetics Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular on fund raising by issuance of debt securities. The company does not meet the criteria specified in Para 2.2 of the circular for the quarter and year ended 31st March 2026. Therefore, the additional disclosure and compliance requirements applicable to Large Corporates for debt issuance do not apply to the company.
Likely market impact
Routine regulatory filing with no material impact on shareholders or stock price. Confirms the company is not classified as a Large Corporate.