<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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Gujarat Credit Corporation Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for the financial year 2026-27. To be classified as a Large Corporate, a company must have outstanding long-term borrowings of ₹1,000 crore or more and a credit rating of AA or above. The company's outstanding borrowings as of 31st March 2026 stood at only ₹20.97 crore, well below the threshold, and it does not hold any credit rating. Since the company meets only the listing condition but fails on the borrowing and credit rating criteria, the requirement to file an initial disclosure does not apply to it.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small in terms of borrowings and is not under SEBI's additional Large Corporate obligations such as incremental borrowing or ESG disclosure requirements.