Hisar Metal Industries Limited has informed the Exchange regarding 'SEBI Circular No SEBI/H0/DDHS/CIR/P/2018/144 dated 26th November,2018 Undertaking for not falling under Large Corporate Criteria.'.
HISARMETAL · price
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Hisar Metal Industries Limited has filed an undertaking with BSE and NSE confirming it does not qualify as a Large Corporate (LC) under SEBI's framework for debt securities issuance (SEBI/H0/DDHS/CIR/P/2018/144). The filing includes initial disclosure data showing outstanding borrowing of Rs 24.48 crore as of March 31, 2026. The company has no credit rating (NIL) and has designated NSE as the exchange for any potential fine payment in case of non-compliance. This is a routine regulatory disclosure confirming the company's borrowing levels fall below the Large Corporate threshold.
This is a routine compliance filing with neutral impact. The company clarifies it is not subject to enhanced disclosure requirements applicable to Large Corporates. Shareholders should note the company has modest debt levels (Rs 24.48 crore) with no credit rating.