ABB India has announced the issuance of Debt Securities. This action is compliant with SEBI circulars regarding fund-raising by large corporations. Details, as prescribed in Annexure A, relate to the financial year ending December 31, 2025. The company confirms they are not a Large Corporate as per SEBI operational circular guidelines of August 10, 2021, and therefore Annexure-B2 is not applicable.
Debt Security Issuance
ABB India is issuing Debt Securities, adhering to guidelines for large corporations. These details are in accordance with the formats specified in Annexure A of the relevant SEBI circular for the financial year that concludes on December 31, 2025.
Compliance Confirmation
As clarified in the announcement, ABB India confirms that they do not currently meet the criteria to be categorized as a Large Corporate, based on the guidelines outlined in Chapter XII of the SEBI operational circular dated August 10, 2021. Accordingly, the specific disclosure required in Annexure B2 is not applicable to ABB India.
Financial Overview
ABB India reports a Nil outstanding borrowing amount as of December 31st. The highest credit rating during the previous financial year was CRISIL AAA, as determined by CRISIL, the Credit Rating Agency.
Source: BSE
