ACTION CONSTRUCTION EQUIPMENT LTD. - 532762 - 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 CompayACTION CONSTRUCTION EQUIPMENT LTD. 2CINL74899HR1995PLC053860 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 37.31 4Highest Credit Rating during the previous FY AA- 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: ANIL KUMAR Designation: COMPANY SECRETARY EmailId: [email protected] Name of the Chief Financial Officer: RAJAN LUTHRA Designation: CFO EmailId: [email protected] Date: 26/06/2020 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.26-06-2020
