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BPL Ltd. Regulatory Filings 2020

Aug 12, 2020

60260_rns_2020-08-12_cb8176c5-ccda-44f6-86f4-5a2b99ef6408.pdf

Regulatory Filings

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BPL Limited Dynamic House 64, Church Street Post Box No. 5194 Bengaluru-560001, India Ph:- +91-80-2532 7985, 2558 9109 Email:- [email protected] Website:- www.bpl.in CIN : L28997KL1963PLC002015

12[th ] August, 2020

The Manager - Listing, The Manager - Listing, Corporate Relationship Department National Stock Exchange of India Ltd., Bombay Stock Exchange Ltd Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Dalal Street Bandra (E) Mumbai- 400001 Mumbai – 400 051 Scrip code - 500074 Trading Symbol - BPL

Dear Sir,

Sub: Initial Disclosure for Large Entities Ref: - Non-submission of Initial Disclosure /Confirmation as per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018

Pursuant to the circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26[th] November, 2018 to all the Listed entities to file Initial Disclosure within 30 days from the beginning of the FY, disclose the fact that they are identified as a Large Corporate.

The framework shall be applicable for all listed entities(except for Scheduled Commercial Banks), which as on last day of the FY(i.e. March 31 or December 31):

i. have their specified securities or debt securities or non-convertible redeemable preference share, listed on a recognised stock exchange(s) in terms of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015;

ii. have an outstanding long term borrowing of Rs 100 crores or above, where outstanding long-term borrowings shall mean any outstanding borrowing with original maturity of more than 1 year and shall exclude external commercial borrowings and intercorporate borrowings between a parent and subsidiary(ies);

iii. have a credit rating of "AA and above", where credit rating shall be of the unsupported bank borrowing or plain vanilla bonds of an entity, which have no structuring/ support built in; and in case, where an issuer has multiple ratings from multiple rating agencies, highest of such rating shall be considered for the purpose of applicability of this framework

Registered office :- BPL Works, Palakkad- 678 007, Kerela, India

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BPL Limited Dynamic House 64, Church Street Post Box No. 5194 Bengaluru-560001, India Ph:- +91-80-2532 7985, 2558 9109 Email:- [email protected] Website:- www.bpl.in CIN : L28997KL1963PLC002015

You may kindly note that our company BPL Limited, do not fall on any of the above criteria’s as a large corporate and hence,the company has not filed any initial disclosure with the exchange.

We request you to kindly take the above on record and acknowledge receipt of the same.

Thank you,

Very truly yours, BPL LIMITED

Sd/-

Dolly Lohia Company Secretary & Compliance Officer

Registered office :- BPL Works, Palakkad- 678 007, Kerela, India