Announced Fri, 3 Apr · 10:34 IST
Non-applicability of Large Corporate disclosure under SEBI framework
Compliance View source PDF
Price
▲ 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
+4.6%1-day move
₹28.50
prior close
₹29.74
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-0.4+4.6+9.4+7.6+13.3+7.3+5.9+9.2+15.6+71.4+178.6
Up moveDown movePending
AI summary
Kreon Finnancial Services Ltd informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework for fund raising via debt securities (Circulars dated April 2022 and October 2023). Accordingly, the company is not required to make the mandatory initial disclosure applicable to large corporates. The intimation was submitted by Niharika Goyal, Chief Compliance Officer.
Likely market impact
Routine compliance filing. No material impact on shareholders or stock price. Simply confirms the company falls outside the Large Corporate definition.