<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> ....
NGIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nakoda Group of Industries has submitted its initial disclosure to NSE and BSE under SEBI's Large Corporate framework (Circular dated November 26, 2018). The company confirmed that it does NOT qualify as a 'Large Corporate' as it does not meet all the criteria specified in the SEBI circular. The company's outstanding borrowings stood at Rs. 12.53 Crores as on 31st March 2024, which is well below the Rs. 100 Crore threshold typically used to define large corporates under this framework. The disclosure was signed by Whole Time Director Jayesh Choudhary, CFO Sakshi Tiwari, and Company Secretary Rishi Upadhyaya on April 19-20, 2025. This is a routine annual regulatory filing required within 30 days of the start of the financial year.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company's small-cap status for regulatory purposes, meaning it is exempt from the mandatory debt-security borrowing requirements imposed on large corporates.