<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> ....
SANGAMIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sangam (India) Limited has filed a regulatory disclosure confirming that it is NOT classified as a 'Large Corporate' as of 31st March 2025, under SEBI's framework on debt security issuance. The SEBI rule requires large entities to raise a minimum portion of borrowings through debt securities. The company has reported outstanding long-term borrowings of Rs. 666.69 Crore. Its existing credit rating stands at IND A with a Negative outlook, assigned by India Ratings & Research in July 2024. The filing has been submitted to both BSE and NSE as a compliance update.
This is a routine compliance filing with no direct impact on shareholders. Investors may note the Negative outlook on the credit rating, which signals some caution from the rating agency about the company's debt profile. The company's borrowings of ~Rs. 667 Crore keep it below the Large Corporate threshold, giving it flexibility on how it raises debt.