Decorous Investment: Reg 32 & 15(2) Not Applicable for Q4 FY26
Decorous Investment & Trading Co Ltd confirmed the non-applicability of SEBI (LODR) Regulation 32 for the quarter ended March 31, 2026, as there were no public, rights, preferential, or QIP issues, and no deviation in IPO proceeds. The company also stated that Regulation 15(2), pertaining to certain corporate governance provisions, is not applicable. This is due to its Paid-up Share Capital being less than ₹10 Crores and Net Worth less than ₹25 Crores as of March 31, 2026, and March 31, 2025. The company submitted other quarterly compliances including the Reconciliation of Share Capital Audit Report (Reg 76), Shareholding Pattern (Reg 31), Corporate Governance Report (Reg 27(2)), Investors’ Complaints Status (Reg 13(3)), Insider Trading Compliance Certificate (Reg 3(5) & 3(6)), and a certificate under Reg 74(5) from its RTA. Additionally, the company confirmed its website is active and functional as per Reg 46 and that Reg 57(5) regarding non-convertible securities is not applicable.
Key Highlights
- Regulation 32 (deviation in issue proceeds) is not applicable to the company.
- Regulation 15(2) (corporate governance) is not applicable due to company size.
- Paid-up capital is below ₹10 Cr and net worth below ₹25 Cr as of March 2025/2026.
- Other quarterly compliances, including shareholding pattern, were submitted.
- No non-convertible securities issued, making Reg 57(5) inapplicable.