<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> ....
HERITGFOOD · price
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Awaiting price reaction for this filing.
Heritage Foods Limited has filed its initial disclosure with stock exchanges for FY 2025-26 as required under SEBI's November 2018 circular on fund raising by Large Corporates through debt securities. The company has confirmed that it does NOT qualify as a Large Corporate under the criteria set out in the SEBI framework. As on 31st March 2025, the company's outstanding long-term borrowings stood at Rs. 135.96 Crores (provisional, subject to audit). The company holds a credit rating of A+/Positive for long-term borrowings and A1+ for short-term borrowings, assigned by CRISIL Ratings Limited. Since the company is not classified as a Large Corporate, no mandatory incremental borrowing obligation or penalty applies for FY 2025-26. The disclosure has been signed by the Company Secretary and CFO.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that Heritage Foods does not meet the threshold to be classified as a Large Corporate under SEBI norms, meaning there is no mandatory debt-raising requirement for the company this fiscal year.