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BSE SENSEX
82,948.23
-131.43
-0.16 %
Corporate Announcement
Security Code
500113
Company
Steel Authority of India Ltd
Exchange Received Time
11/05/2022 17:39:16
Exchange Disseminated Time
11/05/2022 17:39:16
Time Taken
00:00:00
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A |
05/11/22 17:39
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Company
STEEL AUTHORITY OF INDIA LTD.
2
CIN NO.
L27109DL1973GOI006454
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
13393.00
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. YES
Name of the Company Secretary: M B BALAKRISHNAN
Designation: Company Secretary
EmailId: secy.sail@sail.in
Name of the Chief Financial Officer: SOMA MONDAL
Designation: Chairman with additional Charge of Director Finance
EmailId: chairman.sail@sail.in
Date: 11/05/2022
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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