<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> ....
ROSSELLIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rossell India has filed its annual disclosure with BSE and NSE confirming it does not qualify as a 'Large Corporate' under SEBI's November 2018 circular. The company's outstanding long-term borrowings stood at Rs. 45 crore as on 31 March 2025, which is well below the Rs. 100 crore threshold required for Large Corporate status. The company also does not have any listed debt securities or non-convertible redeemable preference shares, and its credit rating is IND BBB+/Stable (from India Ratings & Research, a Fitch group company), which is below the 'AA and above' requirement. The disclosure was signed on 12 April 2025 by Nirmal Kumar Khurana, Director (Finance) and Company Secretary.
This is a routine, compliance-driven filing with no material impact on shareholders or the stock. It indicates Rossell India has a modest debt profile (Rs. 45 crore) and is not required to meet Large Corporate obligations such as mandatory incremental borrowing through the debt market.