<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> ....
SANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sandhar Technologies has informed BSE and NSE that it does not qualify as a Large Corporate as on 31st March 2025, under the SEBI circular on fund raising by issuance of debt securities by large entities. The company's outstanding long-term borrowings stood at INR 91.57 Crores as on 31st March 2025. It carries credit ratings of IND AA-(Stable) from India Ratings and [ICRA] AA-(Stable) from ICRA. Since it falls below the Large Corporate threshold, no mandatory incremental borrowing or fine obligations apply to the company. The disclosure was signed by Yashpal Jain, CFO & Company Secretary, on 17 April 2025.
This is a routine annual compliance filing and is unlikely to have any material impact on the stock price. It simply confirms that Sandhar is not subject to SEBI's Large Corporate borrowing obligations, and reveals that its long-term debt is modest at about INR 91.57 Crores with strong AA- credit ratings.