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BSE SENSEX
73,088.33
+599.34
+0.83 %
Corporate Announcement
Security Code
532734
Company
Godawari Power and Ispat Ltd
Exchange Received Time
29/06/2020 17:50:22
Exchange Disseminated Time
29/06/2020 17:50:24
Time Taken
00:00:02
Format of Initial Disclosure to be made by an entity identified as a Large Corporate |
6/29/2020 5:50:22 PM
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
Sr. No.
Particulars
Details
1
Name of Compay
GODAWARI POWER & ISPAT LTD.
2
CIN
L27106CT1999PLC013756
3
Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)
1057.66
4
Highest Credit Rating during the previous FY
BBB+
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: YARRA CHANDRA RAO
Designation: COMPANY SECRETARY
EmailId: yarra.rao@hiragroup.com
Name of the Chief Financial Officer: SANJAY BOTHRA
Designation: CHIEF FINANCIAL OFFICER
EmailId: sanjay.bothra@hiragroup.com
Date: 29/06/2020
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.
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