<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> ....
OAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oriental Aromatics has filed its annual disclosure under SEBI's Large Corporate framework, confirming that it does not qualify as a 'Large Corporate' as on 31st March 2025. The company's outstanding long-term borrowings stand at just Rs 5 crores, which is well below the threshold required to be classified as a Large Corporate under SEBI's August 2021 circular (updated April 2022) and May 2024 Master Circular. The company holds a credit rating of A- (Stable) for long-term loans and A- (Stable)/A2+ for short-term loans, assigned by ICRA Limited. Since the company is not a Large Corporate, the requirement to pay fines for any shortfall in incremental borrowing obligations does not apply. The filing is signed by Company Secretary Kiranpreet Gill and CFO Girish Khandelwal.
This is a routine, non-event regulatory filing with no material impact on shareholders. The very low borrowing level of Rs 5 crores suggests Oriental Aromatics runs a largely debt-free or minimal-debt balance sheet, which is generally viewed positively by investors.