<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> ....
SCANSTL · price
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Scan Steels Ltd has submitted its initial disclosure confirming it is NOT classified as a Large Corporate under SEBI regulations as of March 31, 2026. The company reports outstanding borrowings of INR 72.97 Crore as of that date. Its credit ratings are CRISIL BBB+/Stable (Long Term) and CRISIL A2+ (Short Term) from CRISIL Ratings Limited. The company states it does not meet all criteria together as prescribed under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144, therefore the disclosure and compliance requirements applicable to Large Corporates are not applicable to it. The filing is dated April 10, 2026 and signed by CFO Kalyan Kiran Mishra and Company Secretary Prabir Kumar Das.
This filing confirms Scan Steels does not qualify as a Large Corporate, meaning it is not subject to mandatory borrowing requirements or associated fine frameworks under SEBI's debt issuance regulations for large entities. The company maintains investment-grade credit ratings supporting its financial standing.