<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> ....
SMCGLOBAL · price
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Awaiting price reaction for this filing.
SMC Global Securities Limited has filed a routine SEBI-mandated disclosure confirming it does not qualify as a 'Large Corporate' under the SEBI circulars dated November 26, 2018 and October 19, 2023. The company's outstanding borrowing as on March 31, 2025 stood at Rs. 207.43 crore, which is below the Large Corporate threshold. The company holds strong credit ratings: ICRA A1+ for commercial paper, ICRA A (Stable) for long-term bank lines and non-convertible debentures, and ICRA A1+ for short-term facilities. No fine has been paid to any stock exchange for any shortfall in required borrowing under the framework.
This is a routine compliance filing with no material impact on shareholders or the stock. It simply confirms the company falls below the Large Corporate borrowing threshold, meaning it is exempt from additional quarterly borrowing and disclosure obligations imposed on larger entities.