NARMADABSENarmada Agrobase LtdMinimalNeutral
Announced Tue, 15 Apr · 18:01 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> ....

NARMADA · 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

Awaiting price reaction for this filing.

AI summary

Narmada Agrobase Limited has filed a disclosure to BSE and NSE confirming that it does not qualify as a 'Large Corporate' as of 31 March 2025, under the SEBI framework governing debt security issuance. The company's outstanding borrowings stood at Rs 9.47 crore as on 31 March 2025, well below the Large Corporate threshold (Rs 100 crore). No credit rating is applicable to the company, and no stock exchange has been designated for any shortfall payment since the framework does not apply. The filing is signed by Neerajkumar Sureshchandra Agrawal, Chairman and Managing Director, dated 15 April 2025.

Likely market impact

This is a routine annual compliance filing and is neutral for shareholders. It simply confirms the company is small enough in terms of borrowings to be exempt from the SEBI Large Corporate debt-raising obligations, indicating low leverage and limited debt exposure.