<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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Southern Magnesium and Chemicals Limited has filed a declaration with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI regulations. The company disclosed outstanding borrowings of Rs. 4.67 Crore as of March 31, 2026. No credit rating was applicable for the company. This is a routine regulatory compliance filing under SEBI's Large Corporate Framework, which applies to companies meeting certain thresholds of outstanding borrowings. The filing was signed by Company Secretary Pasupulati Manisha and Managing Director N. Rajender Prasad on April 18, 2026.
This filing indicates the company falls below the Large Corporate threshold, meaning it is not subject to additional disclosure requirements under SEBI's framework. The relatively low debt level (Rs. 4.67 Cr) suggests conservative leverage. No immediate impact on shareholders or stock price.