<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> ....
MORARJEE · price
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Awaiting price reaction for this filing.
Morarjee Textiles Ltd has filed its annual disclosure to BSE and NSE confirming that it does not qualify as a 'Large Corporate' under the SEBI framework (circular dated 19 October 2023). The company reported outstanding borrowings of Rs 505.76 crore as on 31 March. Since it does not meet the Large Corporate criteria, related obligations such as credit rating disclosure and fine payment details are marked 'Not Applicable'. The disclosure was signed by Kishore Dhage, CEO and Whole Time Director, on 30 April 2025.
This is largely a routine regulatory compliance filing with no direct impact on shareholders. However, the document reaffirms that Morarjee Textiles remains under the Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016, with Mr. Ravi Sethia acting as Resolution Professional — which is the materially significant factor for investors.