Finolex Cables : Non Applicability of Large Corprorate Disclosure
April 25, 2022 at 02:59 am
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,:t Finolex
EJn8wc® Cables Limited
CONSUMER VALIDATED
AN IS/ISO 9001 COMPANY
FCL:SEC:SE: 2022:55 21st April 2022
Bombay Stock Exchange Limited
National Stock Exchange of India Limited
Luxembourg Stock Exchange
Subject: Non-applicability to the Company of SEBI Circular dated 26th November, 2018 with regard to fund raising by issuance of debt securities by large entities identified as Large Corporate ("LC") under the said SEBI Circular.
Dear Sirs,
We refer to SEBI Circular - SEBI/ HO/ DDHS/CIR/ P/ 2018/ 144 dated November 26, 2018 in respect of fund raised by issuance of debt securities by Large Entities and disclosures and compliances thereunder by such Large Corporate (LC), we hereby inform that our company i.e. Finolex Cables Limited is not a 'Large Corporate' (LC) as at 31st March, 2022 as per the framework provided in the aforesaid Circular. Hence, the requirement of filing the Annual Disclosure for incremental borrowings in Annexure Bl to the aforesaid Circular for the financial year ended 2021-22, is not applicable to the Company.
Please take the above on record.
Thanking You
FOR FINOLEX CABLES LIMITED
~.-J
Mahesh Viswanathan Chief Financial Officer
Regd. Office: 26-27, Mumbai-Pune Road, Pimpri, Pune -411 018. India. Tel.: 91-20-27475963.
Finolex Cables Ltd. published this content on 25 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2022 06:58:09 UTC.
Finolex Cables Limited is an India-based total cable solutions provider. The Company is principally engaged in the manufacturing of electricals cables, communication cables and other electrical appliances. Its segments include Electrical cables, Communication cables, Copper rods and Others. The Others segment is engaged in the trading of electrical and other goods. Its product range includes PVC insulated industrial cables , FR-LSH PVC insulated industrial cables, PVC insulated single core and multicore flexible industrial cables, rodent repellent multicore flexible industrial cables, PVC insulated winding wires and 3 core flat cables, XLPE 3 core flat cables, power and control cables, high voltage power cables (Up to 33 kV), polyethylene insulated jelly filled telephone cables, co-axial and CATV cables, LAN cables, switchboard cables, fiber optic cables and solar cables. The Company also manufactures lighting products, electrical accessories, switchgear, fans and water heaters.