<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> ....
RAMCOSYS · price
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Awaiting price reaction for this filing.
Ramco Systems Limited has filed a routine SEBI-mandated disclosure to assess whether it qualifies as a 'Large Corporate' for FY2024-25. As of March 31, 2025, the company reported NIL outstanding long-term borrowings (well below the Rs. 100 Crore threshold) and has a credit rating of BBB+ (Stable) for long-term borrowings and A2 for short-term borrowings from ICRA Limited — neither of which meets the 'AA and above' requirement. Based on these two criteria, the company has confirmed that it does NOT fall under the 'Large Corporate' category for the current financial year. The disclosure was signed by the CFO, R Ravi Kulachandran, and submitted to both BSE and NSE.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms Ramco Systems does not meet the SEBI threshold to be classified as a Large Corporate, meaning no mandatory borrowing or ESG disclosure obligations apply under this framework for FY2024-25.