<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.
Padmanabh Alloys & Polymers Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's framework (Circulars dated Nov 26, 2018 and Oct 19, 2023) as of March 31, 2025. The company reported outstanding borrowings of just ₹5.1 crore, well below the threshold that would classify it as a Large Entity. Consequently, it is exempt from the mandatory borrowing and disclosure obligations under the SEBI Large Corporate framework. The filing is signed by the Whole-time Director, Company Secretary, and CFO.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company is a small-to-mid entity with limited debt, meaning it is not subject to SEBI's mandatory large-corporate borrowing or fine requirements for FY25.