<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> ....
PRAKASH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prakash Industries Limited has submitted a disclosure to NSE and BSE confirming that it does not fall under the 'Large Corporate' (LC) category as per SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19th October 2023. The company states it does not meet the criteria specified at para 3.2 of the framework. This is a compliance filing under SEBI's borrowings framework. The company is listed on BSE (code: 506022) and NSE (symbol: PRAKASH) and is headquartered in New Delhi with its registered office in Hissar, Haryana.
No direct impact on share price as this is a negative confirmation — the company is merely stating it does not qualify as a Large Corporate. However, investors should note that Prakash Industries falls outside the enhanced disclosure requirements applicable to Large Corporates under SEBI's framework.