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BSE SENSEX
74,339.44
+486.50
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Corporate Announcement
Security Code
532955
Company
REC Ltd
Exchange Received Time
27/04/2021 17:38:23
Exchange Disseminated Time
27/04/2021 17:38:30
Time Taken
00:00:07
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
4/27/2021 5:38:23 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Compay
REC Ltd
2
CIN
L40101DL1969GOI005095
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
258117.38
4
Highest Credit Rating during the previous FY
AAA
4a
Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)
CRISIL LTD.
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: J S AMITABH
Designation: ED AND COMPANY SECRETARY
EmailId: jsamitabh@recl.nic.in
Name of the Chief Financial Officer: AJOY CHOUDHURY
Designation: DIRECTOR FINANCE
EmailId: achoudhury@recl.in
Date: 27/04/2021
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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