<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> ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shanmuga Hospital Limited has submitted a mandatory disclosure to BSE confirming that it does not qualify as a 'Large Corporate' as of 31st March 2025, under the SEBI framework governing debt security issuance by large corporates. The company's total outstanding borrowing stood at ₹7.91 crore as on that date, well below the threshold that would trigger Large Corporate classification. No credit rating has been obtained by the company. The disclosure is signed by the Company Secretary and CFO, and is filed in compliance with SEBI circulars dated November 2018, August 2021, and October 2023.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company is small enough on the borrowing front to be exempt from the Large Corporate debt-diversification requirements, meaning it has no mandatory obligation to raise a portion of borrowings through the debt market.