<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> ....
HARSHA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Harsha Engineers International has submitted its initial disclosure to BSE and NSE under the SEBI circular dated November 26, 2018, which applies to entities identified as Large Corporate based on their outstanding borrowings. The company confirmed that it does not fall under the Large Corporate category as per the framework's applicability criteria. Its outstanding long-term borrowings as on March 31, 2024 stood at ₹127.53 lakhs, well below the threshold. The company also disclosed its highest credit rating during FY 2022-23 as CARE AA- (Stable) for long-term and CARE A1+ for short-term, from Care Ratings Limited.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's borrowings are below the SEBI-defined Large Corporate threshold, so no additional disclosure obligations or short-fall fines apply.