Pradeep Metals Ltd. — Capital/Financing Update 2021

Apr 22, 2021

==> picture [230 x 81] intentionally omitted <==

April 22, 2021

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai– 400 001 Fax: 022 – 2272 3121

BSE Scrip Code: 539141

Dear Sir / Ma’am,

Sub: Disclosure pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 w.r.t Fund Raising by issuance of Debt Securities by Large Entities

We refer to Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, in respect of 'Fund Raising by Issuance of Debt Securities by Large Entities’ and disclosures and compliances thereof by such large corporates (LC).

As required therein, we hereby confirm that Pradeep Metals Limited does not fall under the category of ‘Large Corporates (LC)’ as per the framework provided in the aforesaid SEBI circular.

The initial disclosure in Annexure – A for the year ended March 31, 2021 is enclosed for your information and records.

Kindly take the same on your records.

Thanking you. Yours faithfully,

For Pradeep Metals Limited

==> picture [141 x 67] intentionally omitted <==

Nivedita Nayak Company Secretary

Encl: a/a

==> picture [442 x 41] intentionally omitted <==

==> picture [230 x 80] intentionally omitted <==

Annexure A

Initial Disclosure

	Annexure A Initial Disclosure
Sr.	Particulars	Details
1.	Name of the company	Pradeep Metals Limited
2.	CIN	L99999MH1982PLC026191
3.	Outstanding Long Term borrowing of company as on 31stMarch, 2021	Rs. 1398.96 (in Lakhs)
4.	Highest Credit Rating During the previous FY along with name of the Credit Rating Agency	CRISIL BBB-/Stable (Reaffirmed)
5.	Name of Stock Exchange in which the fine shall be paid, in case of shortfall in the required borrowing under the framework	Not Applicable.

We confirm that we are a not a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

==> picture [422 x 117] intentionally omitted <==

----- Start of picture text -----

For Pradeep Metals Limited For Pradeep Metals Limited
Sd/-
Nivedita Nayak Kavita Choubisa Ojha
Company Secretary Chief Financial Officer
----- End of picture text -----

==> picture [442 x 41] intentionally omitted <==