This document is a formal response from Asgard Alcobev Limited to the Bombay Stock Exchange (BSE) regarding a previous filing. The exchange had sent an email on 10 October 2026 querying the company's announcement made on 9 October 2026.
The company provides two key clarifications:
1. Reason for Delay: The announcement dated 9th October 2026 was filed at 08:27 PM, which was beyond the prescribed 24-hour timeline. The reason for this delay was a technical glitch. The company states the delay was unintentional and that the filing was made as soon as the technical issue was resolved.
2. Nature of the Original Announcement: The announcement in question was a Press Release issued by M/s. CMJ Breweries Private Limited, a subsidiary of Asgard Alcobev Limited. The press release pertained to a credit rating assigned on its long-term bank facilities. The company clarifies that, according to its internal Policy for Determination of Materiality of Events, this event was not considered mandatorily disclosable under SEBI Regulation 30 read with Schedule III. The original filing was made as a voluntary disclosure, in line with the company's practice of keeping its shareholders and stakeholders informed.
The company concludes by stating that it takes the exchange's observation seriously and will ensure disclosures are filed within the prescribed timelines in the future. The letter is digitally signed by Sarimul Haque Talukdar, Company Secretary & Compliance Officer (Membership No. A80663), and requests the exchange to take the clarification on record.