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S&P
BSE SENSEX
73,942.19
-668.92
-0.90 %
Corporate Announcement
Security Code
524598
Company
AksharChem India Ltd
Exchange Received Time
12/04/2024 12:25:39
Exchange Disseminated Time
12/04/2024 12:25:39
Time Taken
00:00:00
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A |
04/12/24 12:25
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Company
AKSHARCHEM (INDIA) LTD.-
2
CIN NO.
L24110GJ1989PLC012441
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
23.47
4
Highest Credit Rating during the previous FY
A1
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. No
Name of the Company Secretary: Mehul Naliyadhara
Designation: Company Secretary and Compliance Officer
EmailId: cs@aksharchemindia.com
Name of the Chief Financial Officer: Hardik Shah
Designation: Chief Financial Officer
EmailId: cfo@aksharchemindia.com
Date: 12/04/2024
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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