Corporate Announcement
Security Code : 532725    Company : SOLARINDS    
 
Format of Initial Disclosure to be made by an entity identified as a Large CorporateDownload PDF Download XBRL
  Exchange Received Time  21/05/2019 18:04:47         Exchange Disseminated Time   21/05/2019 18:04:50              Time Taken   00:00:03
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompaySOLAR INDUSTRIES INDIA LTD.
2CINL74999MH1995PLC085878
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 36.88
4Highest Credit Rating during the previous FY AA+
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CRISIL LTD.
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: Khushboo Pasari
Designation: Company Secretary and Compliance Officer
EmailId: cs@solargroup.com
Name of the Chief Financial Officer: Nilesh Panpaliya
Designation: Chief Financial Officer
EmailId: nilesh@solargroup.com

Date: 21/05/2019

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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