StockWatch
·
Non Banking Financial Company (NBFC)
Corporate Governance6 Jul 2026, 06:00 pm

B. P. Capital Exempt from Corporate Governance Rules

AI Summary

B. P. Capital Limited has informed the stock exchanges that it is exempt from certain SEBI (LODR) 2015 Corporate Governance provisions for the quarter ending June 30, 2026. This exemption is due to its paid-up equity share capital not exceeding ₹10 Crore and net worth not exceeding ₹25 Crore, as per Regulation 15(2)(a). The company's paid-up equity share capital has remained constant at ₹6.01 Crore, while its net worth has been below ₹4.66 Crore for the past three financial years. Consequently, B. P. Capital is not required to submit a Corporate Governance Report for the specified quarter. A certificate from its statutory auditor, Nemani Garg Agarwal & Co., supports this claim.

Key Highlights

  • B. P. Capital qualifies for exemption from SEBI Corporate Governance rules.
  • Exemption based on paid-up capital under ₹10 Cr and net worth under ₹25 Cr.
  • Company not required to submit Corporate Governance Report for Q2 FY27.
  • Auditor's certificate confirms compliance with exemption criteria.