<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> ....
HONASA · price
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Awaiting price reaction for this filing.
Honasa Consumer Limited (parent of Mamaearth) has submitted an initial disclosure to NSE and BSE confirming it is NOT classified as a 'Large Corporate' entity as on March 31, 2025. This filing is required under SEBI circulars dated November 26, 2018 and October 19, 2023. The company reported outstanding borrowings of Nil (Rs. 0 Crores) as on March 31, 2025, which is why it falls outside the Large Corporate classification. Credit rating and fine-related details are marked as Not Applicable due to nil borrowings. The disclosure was signed by Dhanraj Dagar (Company Secretary) and Raman Preet Sohi (CFO).
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company carries no outstanding debt and is not obligated under SEBI's Large Corporate framework (which applies to entities with borrowings of Rs 100 Crore or more).