<b>Format of the Annual 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> ....
LGBBROSLTD · price
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Awaiting price reaction for this filing.
LG Balakrishnan & Bros Ltd has informed the stock exchanges (BSE and NSE) that it is not classified as a 'Large Corporate' for FY 2024-25 under the SEBI circular dated November 26, 2018 regarding fund raising through debt securities. Since the company falls below the large corporate threshold, it is not required to submit the mandatory annual disclosure under clause 4 of that circular. The company also submitted the prescribed format showing all values as 'nil' — including incremental borrowing done in FY24-25, mandatory borrowing through debt securities, and actual borrowing done through debt securities. The block period covered is FY 2023-2024 and FY 2024-2025, with no shortfall and no penalty applicable.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company does not meet the threshold for SEBI's large corporate classification and has no debt securities borrowing obligations under this framework.