Announced Sat, 25 Apr · 15:32 IST
Sagar Cements confirms it does not qualify as Large Corporate for FY27
Compliance View source PDF
SAGCEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹185.80
prior close
₹183.40
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.0+1.7+2.0+2.0-0.8-0.5-3.1+0.8+0.1+3.8-4.7-2.0-5.7-1.0
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AI summary
Sagar Cements filed its FY27 initial disclosure under SEBI's large corporate framework, confirming it does not meet all three conditions under Clause 3.2 of the October 19, 2023 circular, so it is not classified as a Large Corporate. Outstanding borrowings rose from Rs. 232.11 Cr to Rs. 259.94 Cr. Qualified borrowings during the year were Rs. 125.86 Cr, with zero raised via debt securities. Credit rating is IND BBB+/INDA2.
Likely market impact
Routine SEBI compliance filing. No 'Large Corporate' tag means no mandatory debt-security fundraising obligation. Rating of BBB+ signals moderate credit profile.