<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> ....
MAXESTATES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Estates has informed BSE and NSE that it does not fall under the SEBI 'Large Corporate' framework, which applies to entities raising funds through debt securities. The declaration is made as per SEBI's Master Circular dated May 22, 2024. The company's outstanding borrowings as of March 31, 2025 stood at just INR 0.24 crore, well below the threshold required to be classified as a Large Corporate. The company also holds a credit rating of A- assigned by CARE Ratings Limited. This is a routine annual compliance disclosure required from listed companies under the SEBI circular.
No material impact on the stock — this is a routine regulatory disclosure. It does highlight that Max Estates carries negligible debt on its books, signalling a very low-leverage balance sheet.