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BSE SENSEX
73,841.89
-11.05
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Corporate Announcement
Security Code
520008
Company
RICO AUTO INDUSTRIES LTD.
Exchange Received Time
26/05/2020 13:13:16
Exchange Disseminated Time
26/05/2020 13:13:21
Time Taken
00:00:05
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
5/26/2020 1:13:16 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Compay
RICO AUTO INDUSTRIES LTD.
2
CIN
L34300HR1983PLC023187
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
240.01
4
Highest Credit Rating during the previous FY
A
4a
Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)
INDIA RATINGS AND RESEARCH PVT. 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. No
Name of the Company Secretary: B.M. JHAMB
Designation: COMPANY SECRETARY
EmailId: bmjhamb@ricoauto.in
Name of the Chief Financial Officer: RAKESH KUMAR SHARMA
Designation: CHIEF FINANCIAL OFFICER
EmailId: rakeshsharma@ricoauto.in
Date: 26/05/2020
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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