<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> ....
NGLFINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NGL Fine-Chem Limited has filed an initial disclosure with BSE and NSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated August 10, 2021 (updated April 13, 2022). As of March 31, 2024, the company's outstanding borrowings stood at ₹28.29 crore, which is below the threshold for Large Corporate classification. The company holds a credit rating of BBB+ from CRISIL Limited. Since the entity was not a Large Corporate for FY 2024-25, no further annual disclosure is required under this framework. The filing is signed by Pallavi Pednekar (Company Secretary) and Rajesh Lawande (CFO) on April 19, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company's smaller borrowing base and exempts it from additional Large Corporate-related disclosures.