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BSE SENSEX
73,827.84
-511.60
-0.69 %
Corporate Announcement
Security Code
526235
Company
MERCATOR LTD.-$
Exchange Received Time
19/05/2020 15:59:20
Exchange Disseminated Time
19/05/2020 15:59:24
Time Taken
00:00:04
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
5/19/2020 3:59:20 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Compay
MERCATOR LTD.-$
2
CIN
L63090MH1983PLC031418
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
962.55
4
Highest Credit Rating during the previous FY
CARED
4a
Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)
CARE RATINGS LIMITED
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. YES
Name of the Company Secretary: Refer the Note
Designation: Refer the Note
EmailId: secretarial@mercator.in
Name of the Chief Financial Officer: Rajendra Kothari
Designation: Chief Financial Officer
EmailId: rajendra.kothari@mercator.in
Date: 19/05/2020
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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