<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> ....
SUNDARAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sundaram Multi Pap Limited has filed an initial disclosure with BSE and NSE confirming that it is NOT classified as a 'Large Corporate' under SEBI's framework for fund raising through debt securities. As on March 31, 2025, the company's outstanding borrowings stood at Rs. 25.50 Crores. The company stated that no credit rating was applicable during the previous financial year, and no stock exchange was nominated for shortfall payments since the criteria do not apply. The disclosure was signed by the Company Secretary and CFO on April 23, 2025, as mandated by the SEBI circular dated November 26, 2018.
This is a routine compliance filing and is largely procedural. It indicates the company has relatively low borrowings (Rs. 25.50 Crores) and does not fall under SEBI's 'Large Corporate' classification. No material impact on shareholders or stock price is expected.