Announced Thu, 16 Apr · 14:31 IST
Company Not Classified as Large Corporate Under SEBI Norms
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.3%1-day move
₹700.00
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.3+2.0-0.9+1.4—+4.6+4.6+25.3+14.1+21.4
Up moveDown movePending
AI summary
Hardcastle & Waud Manufacturing Company Ltd filed an initial disclosure with BSE confirming it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular on debt security fund raising. The company stated it falls outside the criteria in Clause 2.2 of the circular. This is a routine annual compliance filing, not a financial event.
Likely market impact
Neutral filing. Exempts the company from mandatory incremental borrowing and disclosure norms meant for large corporates, but signals smaller scale.