Katare Spinning Mills Ltd — Important, 17-06-2026: Company Update
17-06-2026 | 02:08 pm
17-06-2026 | 02:08 pm
Katare Spinning Mills has clarified its status regarding the framework for Large Entities. The company stated it is not considered a Large Corporate as of 31st March, 2026, meaning it is out of the purview of specific regulations concerning fund-raising through debt securities. The company reported zero outstanding long-term borrowings for the financial year. Its net worth at the end of the financial year was 0.56 Cr. This status update confirms the company's compliance position without needing to adhere to rules for larger debt issuers, providing clarity for shareholders.
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