<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> ....
INDIACEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
India Cements has filed a mandatory initial disclosure under SEBI's Large Corporate framework as per the August 2021 operational circular. The company reported long-term outstanding borrowings of Rs. 1,071.15 crore as on 31st March 2025. Its highest credit rating during FY2023-24 was CARE AAA (Stable), assigned by CARE Ratings Limited. The disclosure identifies NSE as the stock exchange where any shortfall-related fine would be paid. The filing was signed by Company Secretary S. Sridharan and CFO Krishnagopal Ladsaria on 30th April 2025. India Cements is currently a subsidiary of UltraTech Cement Limited (Aditya Birla Group).
This is a routine SEBI compliance disclosure and not a business event. The CARE AAA rating signals strong credit quality and low default risk, which is positive for lenders and bond investors. No direct material impact on shareholders or stock price is expected from this filing.