With reference to the above we wish to inform you that our Company N D METAL INDUSTRIES LIMITED does not fulfill the criteria to be considered as a Large Corporate as mentioned in the Para ....
Awaiting price reaction for this filing.
ND Metal Industries Ltd, a non-ferrous metals manufacturer listed on BSE (Script Code: 512024), has submitted an undertaking to the exchange stating that it does not meet the criteria to be classified as a 'Large Corporate' under Para 2.2 of SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. As a result, the company is not required to submit the initial or annual disclosures that large corporates must file regarding their borrowings. The filing was signed by Managing Director Ajay Kumar Garg on April 8, 2025. This is a routine compliance communication confirming the company's smaller scale of borrowings relative to SEBI's threshold.
This is a routine, non-material compliance filing with no direct impact on shareholders or stock price. It simply confirms the company falls below SEBI's large corporate borrowing threshold, meaning fewer disclosure obligations going forward.