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S&P
BSE SENSEX
73,894.94
-716.17
-0.96 %
Corporate Announcement
Security Code
517300
Company
Gujarat Industries Power Company Ltd
Exchange Received Time
17/04/2024 17:22:50
Exchange Disseminated Time
17/04/2024 17:22:51
Time Taken
00:00:01
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A |
4/17/2024 5:22:51 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Company
GUJARAT INDUSTRIES POWER CO.LTD.
2
CIN NO.
L99999GJ1985PLC007868
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
390.77
4
Highest Credit Rating during the previous FY
AA-
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: CS SHALIN PATEL
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: cs@gipcl.com
Name of the Chief Financial Officer: CA K K BHATT
Designation: CHIEF FINANCIAL OFFICER
EmailId: kkbhatt@gipcl.com
Date: 17/04/2024
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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