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Kirl Electric
BSE: 533193NSE: KECLISIN: INE134B01017

25th-May-2019 10:16Source: BSE

Kirloskar Electric Co - 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 CompayKirloskar Electric Company Ltd
2CINL31100KA1946PLC000415
3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 8612.89
4Highest Credit Rating during the previous FY D
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: K S SWAPNA LATHA
Designation: Sr.General Manager (Legal) & Company Secretary
EmailId: swapna.ks@kirloskarelectric.com
Name of the Chief Financial Officer: SANJEEV KUMAR S
Designation: Associate Vice President & Chief Financial Officer
EmailId: sanjeev.kumar@kirloskarelectric.com

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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