<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> ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rasandik Engineering Industries India Ltd has informed the BSE that the SEBI circulars on 'Large Corporate' criteria (dated November 26, 2018 and October 19, 2023) do not apply to the company. This means Rasandik does not meet the thresholds to be classified as a Large Corporate under SEBI's framework. The filing is a routine compliance submission signed by the Company Secretary, Pradeep Chandra Nay, dated April 11, 2025. The Large Corporate framework typically requires bigger companies to raise a minimum portion of their borrowings through the corporate bond market, and Rasandik is declaring it falls outside this scope.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is below the size threshold for SEBI's Large Corporate obligations.