<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.
The Southern Gas Limited has submitted an initial disclosure to BSE confirming that it does not qualify as a 'Large Corporate' as on March 31, 2025, under SEBI's Operational Circular dated August 10, 2021. The company reported outstanding borrowings of Nil as on March 31, 2025, which is below the threshold required to be classified as a Large Corporate. Since the company has no outstanding borrowings, credit rating and stock exchange details for shortfall penalties are marked as Not Applicable. The disclosure was signed by the CFO and Company Secretary on April 19, 2025.
This is a routine regulatory compliance filing with no material impact on shareholders or stock price. It simply confirms the company carries no significant long-term debt and is therefore exempt from the additional borrowing and disclosure requirements applicable to Large Corporates.