Format of the Initial Disclosure to be made by an entity identified as a Large Corporate: Annexure A
TVSSCS · price
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TVS Supply Chain Solutions has filed a mandatory initial disclosure with BSE under a SEBI circular (dated October 19, 2023) that applies to large companies raising funds through debt securities. The company has confirmed that it does NOT qualify as a Large Corporate as of March 31, 2025. Its total outstanding borrowing stood at just Rs. 4.76 crore, well below the threshold for large-corporate classification. The company holds a strong credit rating of IND AA/Stable (long-term) and IND A1+ (short-term) from India Ratings and Research. The disclosure was signed by Company Secretary P D Krishna Prasad on April 24, 2025.
This is a routine compliance filing with no material impact on shareholders or the stock. The low borrowing level means TVS Supply Chain has no obligation to raise a portion of its debt through the bond market, giving it flexibility in financing decisions.