<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> ....
SOMATEX · price
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Awaiting price reaction for this filing.
Soma Textiles & Industries Ltd filed a routine SEBI-mandated annual disclosure on April 22, 2025, confirming that it does not qualify as a 'Large Corporate' for the year ended March 31, 2025. Under SEBI's framework, companies with outstanding long-term borrowings of Rs. 100 crore or more are classified as Large Corporates. The company reported outstanding long-term borrowings of just Rs. 2.86 crore, which is far below the threshold. As a result, the disclosure requirements around incremental borrowing and credit rating do not apply to the company. The filing was signed jointly by the Chief Financial Officer and the Company Secretary.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small borrowing base, meaning it is exempt from the stricter Large Corporate disclosure and incremental borrowing norms under SEBI rules.