Page Industries Limited has officially declared its status as a NOT LARGE CORPORATE for the financial year 2026-27. This determination follows an assessment of the company’s outstanding borrowing levels as of March 31, 2026. With reported borrowings of Rs. 11.83 Crores, the firm remains well below the thresholds required for classification under current corporate framework guidelines, ensuring streamlined compliance for the upcoming fiscal period.
Borrowing Position and Compliance
In a formal communication dated April 29, 2026, Page Industries confirmed that its outstanding debt as of March 31, 2026, stands at Rs. 11.83 Crores. This figure is a critical metric for determining the company’s standing under the annual framework for corporate disclosures. Based on this financial data, the company has officially categorized itself as a NOT LARGE CORPORATE for the 2026-27 financial year.
Credit Rating Profile
The company maintains a strong financial standing, as reflected in its recent credit ratings assigned by ICRA Limited. For the previous financial year, the company received the following reaffirmed ratings:
- Long Term – Fund Based (Cash Credit): [ICRA]AA+(Stable)
- Short Term – Non-Fund Based (Others): [ICRA]A1+
- Long Term – Fund Based (Term Loan): [ICRA]AA+(Stable)
These ratings indicate a stable and secure financial profile for the company, supporting its current borrowing status and operational requirements moving forward.
Source: BSE
