<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.
Lakshmi Mills Company has filed an annual disclosure with BSE confirming that it does not qualify as a Large Corporate under SEBI's framework for debt security issuance for the year ended 31st March 2025. The company's incremental borrowing during FY 2024-25 was Nil, meaning the mandatory 25% debt securities borrowing requirement is not applicable. There is no shortfall carried forward from FY 2023-24, and consequently no penalty is payable for the 2023-25 block period. This is a routine compliance filing made under SEBI's circular dated 26 November 2018.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company falls below the Large Corporate threshold and has no debt-raising obligations under this specific framework.