Announced Thu, 30 Apr · 11:17 IST

<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> ....

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+11.0%1-day move
₹40.10
prior close
₹39.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.5+0.5+0.5+11.0+3.2+12.2+11.7+1.0-9.0-0.2+1.8-12.7
Up moveDown movePending
AI summary

Mega Nirman and Industries Ltd has submitted a disclosure to BSE responding to SEBI Circular dated October 19, 2023 regarding fund raising through debt securities by Large Entities. The company confirms it does not meet the criteria to be identified as a Large Corporate as per the circular parameters. Consequently, the SEBI circular is stated to be not applicable to the company. The filing is signed by Kanika Chawla, Company Secretary and CFO (KMP). Scrip Code: 539767.

Likely market impact

This is a routine regulatory compliance disclosure confirming the company falls outside the Large Corporate classification. There is no material impact on shareholders or stock price as this simply clarifies the company's regulatory status under SEBI norms.