<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> ....
LGBBROSLTD · price
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Awaiting price reaction for this filing.
LG Balakrishnan & Bros Ltd has filed its mandatory initial disclosure to SEBI regarding its Large Corporate status for the financial year ended March 31, 2025, as required under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The company has confirmed that it does not meet the criteria laid out at para 2.2 of the circular and therefore is not classified as a 'Large Corporate' for FY25. Its total outstanding long-term borrowing stands at Rs. 14.36 Crores, entirely from public fixed deposits, with zero bank term loans. The company holds an AA credit rating from ICRA, the highest it carried during the previous financial year. The filing was signed by the Company Secretary and CFO on April 24, 2025.
This is a routine annual regulatory compliance filing and carries no material impact on shareholders or the stock price. Since the company falls below the Large Corporate threshold, it is not subject to the mandatory incremental borrowing or qualified institutional placement obligations that apply to large corporates.