<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.
Vikram Thermo (India) Limited has filed an initial disclosure with BSE confirming that it does not qualify as a 'Large Corporate' under SEBI's criteria (Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018). As of March 31, 2025, the company's outstanding borrowings stood at just Rs. 6.40 crore, well below the Rs. 100 crore threshold that triggers Large Corporate status. The company has no applicable credit rating and lists Bombay Stock Exchange as the exchange where any potential shortfall fine would be paid. The disclosure was signed by Managing Director Dhirajlal K. Patel, CFO Motibhai Devbhai Fosi, and Company Secretary Maheshkumar K. Shah on April 24, 2025.
This is a routine annual compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small borrowing base (Rs. 6.40 crore) keeps it outside SEBI's Large Corporate framework, meaning no additional mandatory borrowing or ESG disclosure obligations apply.