<b>Format of the Annual 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> ....
SCANSTL · price
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Awaiting price reaction for this filing.
Scan Steels Ltd has submitted its annual disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 for the financial year ended March 31, 2025. The company reported outstanding borrowings of Rs. 124 crore as on March 31, 2025, with credit ratings of CRISIL BBB+/Stable for long-term facilities and CRISIL A2+ for short-term facilities. The company recorded no incremental borrowing during FY 2024-2025 and has no shortfall in mandatory borrowing through debt securities, with no penalty applicable for the current block period.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company falls below the Large Corporate threshold set by SEBI, meaning it is not required to mandatorily raise a portion of borrowings through debt securities.