<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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Mihika Industries has filed a routine SEBI compliance disclosure confirming that it does NOT qualify as a 'Large Corporate' under SEBI's framework. As of 31st March 2026, the company has outstanding borrowings of only Rs. 0.16 crore, which is far below the threshold required for Large Corporate classification. The company has no credit rating since it does not have material debt. This is a standard annual filing required under SEBI circulars dated August 10, 2021 and October 19, 2023, which mandate that companies with significant borrowings raise a minimum portion of their debt through listed debt securities.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company has a very small debt footprint and is exempt from SEBI's large corporate borrowing requirements.