<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> ....
MAANALU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maan Aluminium Limited has filed a compliance disclosure confirming that it does NOT qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018, as of March 31, 2025. The company's outstanding borrowings stand at ₹73.92 crore, which is below the ₹100 crore threshold required to be classified as a Large Corporate. The company holds a BBB+ (Stable) credit rating, reaffirmed by ICRA Ltd. The disclosure is a mandatory annual filing under the framework that requires Large Corporates to raise at least 25% of their incremental borrowings through the debt securities market.
This is a routine regulatory compliance filing with no material impact on the stock price. It signals that the company's borrowings remain modest (₹73.92 cr) and it is not obligated to issue debt securities to meet market-based borrowing norms. The BBB+ (Stable) rating indicates moderate creditworthiness, which is relevant context for any future debt-raising plans.