VR Logo

Borosil Renewables: 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 CompayBorosil Renewables Ltd
2CINL26100MH1962PLC012538
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 85.87
4Highest Credit Rating during the previous FY A1+
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 frameworkBSE


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: KISHOR TALREJA
Designation: Company Secretary
EmailId: kishor[email protected]
Name of the Chief Financial Officer: Sunil Roongta
Designation: CFO
EmailId: [email protected]

Date: 22/05/2020

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.

Click here to view PDF