<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> ....
SIL · price
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Awaiting price reaction for this filing.
Standard Industries Ltd filed its annual Initial Disclosure on April 24, 2025 with BSE and NSE under SEBI's Large Corporate framework (referencing circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26 Nov 2018 and later updates). To be classified as a Large Corporate, a company must meet at least two of three criteria: equity listed on recognised exchanges, outstanding borrowings above the threshold, and a specified credit rating. The company confirmed it meets only the first criterion (its equity shares are listed on both BSE and NSE) and does not meet the thresholds on outstanding borrowings or credit rating. Therefore, it does not qualify as a 'Large Corporate' and is not required to comply with the additional debt-security fundraising obligations that apply to Large Corporates. The letter was signed by the Vice President (Legal) & Company Secretary, Mrs. T. B. Panthaki.
This is a routine regulatory compliance filing with no material impact on shareholders or the stock price. Being outside the 'Large Corporate' bracket simply means the company has fewer SEBI-prescribed obligations around raising funds via debt securities.