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S&P
BSE SENSEX
72,106.03
-382.96
-0.53 %
Corporate Announcement
Security Code
522241
Company
M.M.FORGINGS LTD.-$
Exchange Received Time
22/06/2020 08:20:17
Exchange Disseminated Time
22/06/2020 08:20:23
Time Taken
00:00:06
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
6/22/2020 8:20:17 AM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Compay
M.M.FORGINGS LTD.-$
2
CIN
L51102TN1946PLC001473
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
153.57
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: J SUMATHI
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: corporate@mmforgings.com
Name of the Chief Financial Officer: R VENKATAKRISHNAN
Designation: CHIEF FINANCIAL OFFICER
EmailId: venkatakrishnan@mmforgings.com
Date: 22/06/2020
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.
Attachment
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