<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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Awaiting price reaction for this filing.
Super Tannery Ltd has filed a mandatory annual disclosure with BSE confirming that it does not qualify as a Large Corporate (LC) under the SEBI circular dated November 26, 2018. As on 31st March 2025, the company has NIL outstanding borrowings. Its highest credit rating during the previous financial year was BBB- (Stable), assigned by CARE Ratings Limited. In the event of any shortfall in mandatory borrowing through debt securities, any applicable fine would be paid to BSE. The disclosure was signed by Company Secretary R.K. Awasthi and Director Finance Mr. Mohd Imran on 10.04.2025.
This is a routine compliance filing, not a material business event. It clarifies that Super Tannery is a small borrower (no outstanding debt) and is exempt from large corporate borrowing obligations. No direct impact on shareholders or stock price is expected, though the BBB- rating with stable outlook suggests moderate creditworthiness.