Format of Initial Disclosure to be made by an entity identified as a Large Corporate.
|1||Name of Compay||Span Divergent Ltd-$|
|3||Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr)||1.49|
|4||Highest Credit Rating during the previous FY||NA|
|4a||Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4)||Not Applicable|
|5||Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework||BSE|
We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No
Name of the Company Secretary: SAMIKSHA KANSARA
Designation: COMPANY SECRETARY
Name of the Chief Financial Officer: PARAS DESAI
Designation: CHIEF FINANCE OFFICER
Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.