Jindal Hotels Limited confirmed it does not meet the criteria for classification as a 'Large Corporate' for FY 2025-26 under SEBI debt framework. The company reported zero incremental borrowing and no shortfall in mandatory debt sourcing requirements.
Jindal Hotels Ltd (BSE: 507981) submitted its initial disclosure for the Large Corporate framework. The company reported outstanding borrowings of ₹38.89 Crore as of March 31, 2026. CRISIL assigned a credit rating of BBB-/Stable, though it noted a downgrade from BBB/Stable for long-term facilities during the previous fiscal year.