BSEIndo Credit Capital LtdMinimalNeutral
Announced Wed, 29 Apr · 17:18 IST

<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> ....

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹12.94
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.9-5.7-7.6-9.4-11.1-12.9-9.0-33.9
Up moveDown movePending
AI summary

Indo Credit Capital Ltd has submitted a compliance filing to BSE confirming that the company does not fall under the definition of a 'Large Corporate' as specified under SEBI's guidelines for debt securities issuance. The company cited SEBI Circulars dated November 26, 2018, August 10, 2021, and October 19, 2023, which govern fund-raising through debt securities by large entities. The filing, signed by Director Ramkaran Saini, reiterates that the company does not meet the criteria laid out in para 3.2 of the October 19, 2023 circular. This is essentially a regulatory clarification and does not indicate any change in the company's financial position or operations.

Likely market impact

No direct impact on shareholders or stock price as this is a routine regulatory confirmation of non-applicability. The company is simply complying with SEBI disclosure norms.