<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.
Patidar Buildcon Ltd has submitted its initial disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI circular dated November 26, 2018, for FY 2025-26. The company's outstanding borrowings as on 31st March 2025 stand at NIL, which is well below the threshold required for Large Corporate classification. The company has no credit rating, as the rating requirement was not applicable. The disclosure was signed by Managing Director Rajnikant Patel and includes details of the Company Secretary and CFO. BSE is the designated stock exchange where any shortfall-related fine would have been paid if applicable.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small-scale borrowing profile (zero debt) and is a mandatory annual submission under SEBI norms for non-Large Corporate entities.