<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> ....
INTLCONV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
International Conveyors Limited has filed a confirmation with BSE and NSE stating that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018. The Large Corporate framework applies to companies whose outstanding borrowings exceed a specified threshold and mandates a minimum percentage of borrowing through debt securities. The company has disclosed its outstanding borrowings as on March 31, 2025 (figure not numerically filled in the filing), along with its credit ratings of CARE BBB-; Stable (long-term) and CARE A3 (short-term) from CARE Ratings Ltd. Since the company falls below the Large Corporate threshold, it is exempt from the mandatory debt security borrowing requirement and any associated fines for shortfalls.
This is a routine regulatory compliance filing with no material impact on shareholders. It simply confirms the company is small enough in terms of borrowings to be exempt from SEBI's Large Corporate disclosure and debt security norms, meaning no additional compliance costs or penalties apply.