Almondz Global Securities Limited — Important, 23-04-2025: General Updates
23-04-2025 | 02:03 pm
23-04-2025 | 02:03 pm
Almondz Global Securities Ltd. has confirmed that as of March 31, 2025, its total outstanding long-term borrowings amount to ₹22.01 crore, which is below the ₹1,000 crore threshold required for classification as a 'Large Corporate' under SEBI regulations. Consequently, the company is not subject to the recent framework for debt securities fundraising applicable to Large Corporates. Additionally, Almondz holds a credit rating of “CARE BBB-; Stable” from CARE Ratings Ltd. This status presents a neutral outlook, allowing the company to navigate funding without the stringent obligations set for larger entities. Investors should monitor for future funding opportunities that may arise as the company's borrowing capacity evolves.
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