<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> ....
PENIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Pennar Industries Limited has submitted a disclosure to BSE and NSE confirming it does not qualify as a 'Large Corporate' under SEBI's framework for the financial year ending 31 March 2025. As per the criteria in SEBI Circular dated November 26, 2018 and October 19, 2023, the company is exempt from mandatory debt securities issuance requirements. The company reported outstanding long-term borrowings of Rs. 263.08 crore and holds a credit rating of CARE A (Stable) from CARE Ratings Limited. The filing is signed by Company Secretary Mirza Mohammed Ali Baig and CFO Shrikant Bhaklkad, dated April 23, 2025.
This is a routine annual compliance filing with no material impact on shareholders or stock price. It simply confirms that Pennar is below the Large Corporate threshold and is not obligated to raise funds through debt securities markets.