Regulatory21 May 2026, 08:31 pm
Covidh Tech: Regulation 23(9) of SEBI LODR Not Applicable
AI Summary
Covidh Technologies Ltd, now known as iSERA Lifesciences Limited, declares that Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company. As of March 31, 2026, the company's paid-up equity share capital and net worth are less than ₹10 Crore and ₹25 Crore respectively, meeting the exemption criteria under Regulation 15(2) of SEBI (LODR) Regulations, 2015.
Key Highlights
- Covidh Technologies, now iSERA Lifesciences, is exempt from Regulation 23(9).
- Exemption is due to paid-up equity share capital being less than ₹10 Crore.
- Net worth as of March 31, 2026, is less than ₹25 Crore.
- The company meets exemption criteria under Regulation 15(2) of SEBI LODR 2015.
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