<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> ....
WELCORP · price
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Awaiting price reaction for this filing.
Welspun Corp has filed its annual Initial Disclosure with stock exchanges (BSE and NSE) under SEBI's Large Corporate framework for FY25. The company confirmed that it is NOT identified as a Large Corporate as per SEBI's applicability criteria. As per the disclosure, the company's outstanding borrowings stood at Rs. 240 crore in the form of Non-Convertible Debentures (NCDs) as on 31st March 2025. The company holds the highest credit rating of AA from CARE and CRISIL. The filing was signed by the Company Secretary and CFO on April 29, 2025.
This is a routine regulatory compliance filing and has no material impact on the stock price or shareholders. It simply confirms the company does not fall under the Large Corporate category, which means it is not subject to the mandatory incremental borrowing or ESG disclosure requirements applicable to Large Corporates.