<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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LGB Forge Limited has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018, for the financial year ended March 31, 2025. Because of this, the company is not required to file the disclosure form meant for large entities. The filing also discloses the company's outstanding borrowings stand at Rs 17.27 crore, and its highest credit rating during the previous financial year was BBB- from CRISIL. The letter is signed by the Company Secretary and CFO. This is a routine annual compliance submission, not triggered by any new corporate event.
This is a routine regulatory clarification with no material impact on shareholders or the stock price. It simply confirms the company is below the SEBI-defined borrowing threshold that would classify it as a Large Corporate, so no further debt-raising obligation applies for FY25.