<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> ....
LUMAXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lumax Industries Limited has filed a compliance disclosure with BSE and NSE confirming that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018 regarding fund raising through debt securities. The company's outstanding borrowings stood at Rs. 290.90 crores as of March 31, 2025, which falls below the threshold for Large Corporate classification. The company carries a long-term credit rating of [ICRA]A+ from ICRA Limited. This is a routine annual regulatory filing required from listed entities to declare their Large Corporate status or confirm their non-applicability.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms Lumax Industries does not meet the minimum borrowing threshold to be classified as a Large Corporate, meaning no mandatory debt securities issuance obligation applies to the company.