<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> ....
LANDSMILL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Excel Realty N Infra Limited (formerly Excel Infoways Ltd, CIN L45400MH2003PLC138568, Scrip Code 533090, Symbol EXCEL) has filed a confirmation with BSE and NSE stating that it does not meet the criteria specified in Para 2.2 of the SEBI Circular dated November 26, 2018, regarding large corporate borrowings. The company's outstanding borrowings as on March 31, 2025 stood at only Rs. 94.26 lakh, which is well below the threshold to be classified as a Large Corporate. The company has no credit rating on record and there is no requirement to pay any fine on stock exchanges for shortfall in borrowings. The disclosure was signed by Company Secretary CS Nilam Bihani and CFO Pratik Kokate on April 26, 2025.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is too small in terms of debt to qualify as a Large Corporate, meaning it is exempt from the additional borrowing and disclosure obligations under the SEBI framework.