KIOCL : Confirmation regarding Large Corporate Entity
April 17, 2024 at 06:32 am EDT
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No. S/BC/1(18-5)/2024/ 99
April 17, 2024
National Stock Exchange of India Limited
Scrip Code: KIOCL
Through: NEAPS
BSE Limited
Scrip Code: 540680, Scrip Name: KIOCL
Through: BSE Listing Centre
Metropolitan Stock Exchange of India Limited
Scrip Code: KIOCL
Through: mylisting
Dear Sir/Madam,
Sub: Confirmation regarding Large Corporate Entity
This is with reference to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018. In this regard, we hereby confirm that KIOCL Limited is not a Large Corporate as on 31st March 2024.
Further, the particulars as required under 'Annexure A' of the aforesaid circular are as follows: -
Sl.
Particulars
Details
No.
1.
Name of the Company
KIOCL Limited
2.
CIN
L13100KA1976GOI002974
3.
Outstanding Borrowing of Company as on
Rs. 30.83 Crores (Term Loan)
31st March, 2024
4.
Highest Credit Rating during the previous
M/s ICRA Limited
FY along with name of Credit Rating
Dated 25.08.2023
Agency
Long-term rating at [ICRA] A+
(Pronounced ICRA A plus) and short-
term rating at [ICRA] A1 (Pronounced
ICRA A One)
M/s Brickwork Ratings India Pvt Ltd
Dated 27.02.2024
Long Term Loan BWR A+/Negative
Long term rating BWR A+/ Negative.
Short-term rating at [BWR]A1+.
5.
Name of Stock Exchange in which the fine
Not Applicable
shall be paid, in case of Shortfall in the
required borrowing under the framework
This is for information and record please.
Thanking You,
Pushpka
nt Mishra
Digitally signed by Pushpkant Mishra Date: 2024.04.17 13:03:46 +05'30'
Saumen Das
Gupta
Digitally signed by Saumen Das Gupta
Date: 2024.04.17 15:15:52 +05'30'
(P.K. Mishra)
(Saumen Das Gupta)
Company Secretary & Compliance Officer
Chief Financial Officer,
080- 25531525,
080-25531231
cs@kioclltd.in
saumen.dasgupta@kioclltd.in
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KIOCL Ltd. published this content on
17 April 2024 and is solely responsible for the information contained therein. Distributed by
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KIOCL Limited is an India-based company, which is engaged in the business of iron ore mining, beneficiation, and production of pellets. The Company has diversified into operation and maintenance services and mineral exploration pertaining to its various core areas of expertise. The Company is also engaged in mineral exploration and is involved in the exploration of minerals such as iron, manganese, limestone, nickel, chromium, copper, gold, lead, zinc, kyanite and phosphorite. Its products include iron ore pellets and pig iron. The Company operates through two segments: Pellet and Pig Iron. The Companyâs pellets are used in blast furnaces of steel mills in Australia, China, Japan, Taiwan, Turkey and a host of other countries. Its pellets are also used in steel plants in Hungary, Yugoslavia, the United States, West Germany, Poland, Czechoslovakia, Indonesia and in some of the direct reduction plants in India.