Corporate Announcement
Security Code : 530117    Company : FAIRCHEM    
 
Format of Initial Disclosure to be made by an entity identified as a Large CorporateDownload PDFDownload XBRL
  Exchange Received Time  25/05/2019 13:11:59         Exchange Disseminated Time   25/05/2019 13:12:06              Time Taken   00:00:07
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayFairchem Speciality Ltd
2CINL15140GJ1985PLC007845
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 57.02
4Highest Credit Rating during the previous FY A
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS 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: RajenJhaveri
Designation: CFOandCompanySecretary
EmailId: rajen.jhaveri@fairchem.in
Name of the Chief Financial Officer: RajenJhaveri
Designation: CFOandCompanySecretary
EmailId: rajen.jhaveri@fairchem.in

Date: 25/05/2019

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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