<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> ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Palm Jewels Limited has filed an initial disclosure with BSE confirming that it is not classified as a 'Large Corporate' under SEBI's framework for fund raising through debt securities. As of 31st March 2025, the company's outstanding borrowing stood at Rs. 3.65 crore, which is well below the threshold for Large Corporate classification (typically Rs. 100 crore or more). The filing is submitted under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. No credit rating agency is applicable, and BSE Limited is named as the exchange where any shortfall fine would be paid. The disclosure is signed by Managing Director Rohit D. Shah.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company's small borrowing base and its exemption from mandatory debt-related disclosures applicable to larger entities.