<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> ....
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Awaiting price reaction for this filing.
Inflame Appliances Ltd has filed its annual Initial Disclosure with BSE confirming that it is NOT classified as a Large Corporate under SEBI's framework for mandatory debt securities issuance. As of March 31, 2025, the company's outstanding borrowings stood at Rs. 1,950.45 lakhs (~Rs. 19.5 crore), which falls below the threshold that would trigger Large Corporate status. Under this SEBI framework (Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172), large corporates must raise at least 25% of their incremental borrowings through debt securities; since Inflame doesn't qualify, it is exempt from this requirement. The filing was signed by Chairman & Managing Director Aditya Kaushik and CFO Amit Kaushik on May 28, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It merely confirms the company's small borrowing base keeps it outside the Large Corporate classification, meaning no mandatory debt-security fundraising obligations apply.