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Other Textile Products
Clarification17 Jun 2026, 02:09 pm

Katare Spinning Mills: Non-Applicability of Large Entity Framework

AI Summary

Katare Spinning Mills Limited has submitted a declaration stating its non-applicability to the 'Large Corporate' category as of March 31, 2026. This is in accordance with SEBI Circular No.SEBI/HO/DDHS/CIR/P/2018/144. The company reported zero outstanding long-term borrowings and incremental borrowing during the financial year. Its net worth at the end of the financial year was ₹56,27,313.00. This declaration confirms the company is not subject to the framework's requirements for debt issuance.

Key Highlights

  • Company declared non-applicable to Large Corporate category.
  • No outstanding long-term borrowings reported.
  • Net worth stands at ₹56,27,313.00.
  • Compliance with SEBI circular on debt issuance framework.