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S&P
BSE SENSEX
72,664.47
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Corporate Announcement
Security Code
520008
Company
Rico Auto Industries Ltd
Exchange Received Time
24/04/2024 11:09:43
Exchange Disseminated Time
24/04/2024 11:09:43
Time Taken
00:00:00
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A |
4/24/2024 11:09:43 AM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Company
RICO AUTO INDUSTRIES LTD.
2
CIN NO.
L34300HR1983PLC023187
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
341.20
4
Highest Credit Rating during the previous FY
CrisilA
4a
Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)
CRISIL LTD.
5
Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework
BSE
We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No
Name of the Company Secretary: B M Jhamb
Designation: Company Secretary
EmailId: bmjhamb@ricoauto.in
Name of the Chief Financial Officer: Rakesh Kumar Sharma
Designation: Chief Financial Officer
EmailId: rakeshsharma@ricoauto.in
Date: 24/04/2024
Note:
In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
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