RUSHILBSERushil Decor LtdMinimalNeutral
Announced Fri, 18 Apr · 12:21 IST

<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> ....

RUSHIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rushil Decor Limited has submitted an initial disclosure to BSE and NSE confirming that it is NOT classified as a Large Corporate under SEBI's circular dated November 26, 2018 (read with the October 19, 2023 circular). The company's outstanding borrowing as on 31st March 2025 stood at Rs. 122.03 crore. Its credit rating, assigned by Infomerics Valuation and Rating Pvt. Ltd., is IVR A minus (Stable Outlook) for long-term bank facilities and IVR A Two Plus for short-term facilities. The company stated that it does not meet either the Credit Rating criteria or the Outstanding Long Term Borrowing criteria, and therefore falls outside the Large Corporate classification. This is a routine annual compliance filing required by SEBI.

Likely market impact

This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms Rushil Decor is a mid-sized borrower and is not subject to the additional Large Corporate borrowing framework.