29 Jul 21 | 11:27
Network 18 Media & Investments Ltd
Exchange Received Time
Exchange Disseminated Time
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
4/29/2021 6:37:32 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Name of Compay
NETWORK18 MEDIA & INVESTMENTS LTD.
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
Highest Credit Rating during the previous FY
Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)
CARE RATINGS LIMITED
Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework
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: Ratnesh Rukhariyar
Designation: Group Company Secretary
Name of the Chief Financial Officer: Ramesh Kumar Damani
Designation: Group Chief Financial Officer
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.
Copyright@ 2015. All Rights Reserved.
29 Jul 21|11:27 (IST)