<b>Format of the Annual 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> ....
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Awaiting price reaction for this filing.
Royal Cushion Vinyl Products Ltd has filed its annual disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under the relevant SEBI circulars dated November 26, 2018, August 10, 2021, and October 19, 2023. The company reported outstanding borrowings of Rs 26.48 crores as on March 31, 2025, with no credit rating obtained during the previous financial year. Since its borrowings are well below the Rs 100 crore threshold required for Large Corporate classification, the related compliance obligations do not apply. The disclosure is signed by CFO Omprakash Inani and Company Secretary Deepti Parekh, dated April 16, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms that the company's borrowing levels are low enough to keep it outside the stricter Large Corporate framework, meaning fewer disclosure and compliance obligations.