<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> ....
PARSVNATH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Parsvnath Developers Limited has filed a disclosure stating it does not qualify as a 'Large Corporate' under SEBI's framework, despite having outstanding long-term borrowings of Rs. 429.48 Crores as of March 31, 2026. The company has disclosed a poor credit rating of CRISIL D from Crisil Ratings. This is a mandatory annual disclosure required under SEBI's operational circular for entities that may fall under the Large Corporate category. The company clarified it falls below the threshold criteria to be classified as a Large Corporate entity.
The filing confirms Parsvnath Developers does not meet Large Corporate classification thresholds, which would have required mandatory borrowing through debt securities. The CRISIL D rating indicates significant credit risk and potential default concerns for lenders and investors.