<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> ....
PIGL · price
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Awaiting price reaction for this filing.
Power and Instrumentation (Gujarat) Ltd has filed a confirmation with BSE and NSE stating that it does not qualify as a 'Large Corporate' under SEBI's circular dated November 26, 2018, for the financial year ended March 31, 2025. The company clarified that its total long-term borrowings (borrowings for a period of more than 1 year) at the end of the financial year were below Rs. 100 Crores, which is the threshold for being classified as a Large Corporate. As a result, the company is exempt from making the additional quarterly disclosures that are mandatory for Large Corporates. The filing was signed by Maunishkumar Gandhi, Company Secretary & Compliance Officer, on April 22, 2025.
This is a routine compliance filing confirming the company is a smaller entity with long-term borrowings under Rs. 100 Crores, exempt from extra Large Corporate disclosures. It has no direct positive or negative impact on shareholders but indicates the company's borrowing level remains modest.