Disclosures under framework issued by SEBI for Large Corporates.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kinetic Engineering Ltd has informed BSE that the SEBI framework for disclosure by Large Corporates (per SEBI Circular dated October 19, 2023) is not applicable to the company for the financial year ended March 31, 2025. The framework typically applies to listed entities whose outstanding long-term borrowings exceed a specified threshold, requiring additional disclosures on plans to raise funds through debt markets. Since the framework does not apply, Kinetic Engineering is exempt from these additional disclosure obligations for FY25. The letter is signed by Ajinkya Arun Firodia, Vice Chairman & Managing Director, and is dated May 15, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms that Kinetic Engineering falls below the SEBI 'Large Corporate' threshold, so no incremental borrowing-related disclosures are required this year.