<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.
Oceanic Foods Limited has filed its annual initial disclosure to BSE under SEBI's circular on fund raising by Large Corporates. The company has confirmed that it does NOT qualify as a Large Corporate as on March 31, 2025. Its total outstanding borrowings stood at Rs 31.51 crore as on that date, which is below the threshold for Large Corporate classification. The disclosure was signed by the Company Secretary and Chief Financial Officer on April 28, 2025. Since the company is not a Large Corporate, no credit rating or fine payment exchange details are applicable.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms that Oceanic Foods' borrowings are well below the SEBI threshold that would trigger mandatory debt-raising obligations for Large Corporates.