Disclosure by the Company that we are not falling under definition of Large Corporate
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Hindustan Tin Works Limited has informed the BSE that it does not fall under the definition of a Large Corporate as per the SEBI circular dated November 26, 2018, which deals with fund raising through debt securities by large entities. This means the company's outstanding borrowings are below the SEBI-prescribed threshold (Rs. 100 crore or more) that would classify it as a Large Corporate. The company is therefore exempt from additional borrowing requirements such as mandatory issuance of bonds prescribed for Large Corporates. The disclosure was signed by the Finance head and Company Secretary, Rajat Pathak, on April 16, 2025.
This is a routine regulatory compliance filing with no direct impact on shareholders or the stock price. It simply confirms the company's borrowings are below the large corporate threshold, suggesting a relatively modest debt profile.