<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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Awaiting price reaction for this filing.
MKP Mobility Ltd (formerly Chitradurga Spintex Limited) has filed an initial disclosure with BSE as required under SEBI's circulars on Large Corporate identification. The company reported total outstanding borrowings of Rs. 3,32,95,115 (approximately Rs. 3.33 crore) as on 31st March 2025. It has no credit rating from any agency for the previous financial year. Importantly, the company has confirmed that it does NOT qualify as a Large Corporate under the SEBI criteria, as its borrowings are well below the threshold. In case of any shortfall penalty, the fine would be paid through BSE.
This is a routine annual compliance filing with no material impact on the stock or shareholders. It confirms that MKP Mobility is a small borrower (under Rs. 4 crore), and therefore has no additional Large Corporate obligations like mandatory bond issuance or incremental borrowing requirements.