<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.
TANFAC Industries Limited has submitted a regulatory disclosure to BSE confirming that it does not qualify as a 'Large Corporate' under the SEBI framework dated August 10, 2021. The key reason is that the company's outstanding borrowings as on March 31, 2025 are nil, well below the Rs. 100 crore threshold required for Large Corporate classification. Credit rating and stock exchange fine-payment details are marked as 'Not applicable' since the criteria does not apply. The disclosure was signed by the Company Secretary and the Chief Financial Officer on April 30, 2025.
This is a routine compliance filing with no material impact on the stock or shareholders. It simply confirms the company has low debt levels (under Rs. 100 crore outstanding), meaning it is exempt from additional borrowing and disclosure obligations applicable to Large Corporates.