Veto Switchgears confirms it is not a Large Corporate under SEBI norms
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Veto Switchgears and Cables has confirmed to BSE and NSE that it does not qualify as a Large Corporate under SEBI's debt fundraising framework. As on 31 March 2026, the company reported outstanding borrowings of Rs. 12 crore, well below the Rs. 100 crore threshold that defines a Large Corporate. The company holds a BBB+ (Stable) long-term and A2 short-term credit rating from ICRA. This is a routine annual compliance disclosure under SEBI circulars on the Large Corporate borrowing framework.
Routine compliance filing. Low borrowings mean no mandatory debt diversification requirements. No material impact on shareholders or stock price.