<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> ....
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Shivalik Bimetal Controls Ltd has submitted its initial disclosure under the SEBI circular dated October 19, 2023, confirming that it does not qualify as a Large Corporate for FY 2026-27. The company reports nil outstanding borrowings as on March 31, 2026, and holds a credit rating of CRISIL A/Stable from CRISIL. As a result, the fine-payment and additional borrowing obligations applicable to Large Corporates are not applicable to the company. This is a routine annual compliance filing signed by the Company Secretary and CFO.
This is a neutral, routine regulatory disclosure with no material impact on shareholders or the stock. It simply confirms the company is below the borrowing threshold that would classify it as a Large Corporate under SEBI norms.