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MTAR Technologies: Format of Initial Disclosure to be made by an entity identified as a Large Corporate


Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayMTAR Technologies Ltd
2CINU72200TG1999PLC032836
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 12.13
4Highest Credit Rating during the previous FY BBB+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkNSE


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: Shubham Sunil Bagadia
Designation: Company Secretary and Compliance Officer
EmailId: [email protected]
Name of the Chief Financial Officer: SUDIPTO BHATTACHARYA
Designation: Chief Financial Officer
EmailId: [email protected]

Date: 28/04/2021

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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