Eurotex: Reg 32 Not Applicable; Net Worth at (₹2946.73) Lacs
Eurotex Industries and Exports Ltd announced that Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company for the year ended March 31, 2026. This is due to the absence of any rights issue or preferential issue during the year, indicating no material deviation. The company also provided a Net Worth Certificate, showing a consistent Paid Up Capital of ₹874.02 lacs for the financial years ending March 31, 2023, 2024, and 2025. However, the Net Worth remained negative and further deteriorated, from (₹2,026.77) lacs in FY23 to (₹2,716.45) lacs in FY24, and (₹2,946.73) lacs in FY25, primarily due to significant negative reserves and surplus.
Key Highlights
- Regulation 32 of SEBI LODR is not applicable for year ended March 31, 2026.
- Company had no rights or preferential issues during the year.
- Net worth was negative, declining to (₹2,946.73) lacs by March 31, 2025.
- Paid-up capital remained stable at ₹874.02 lacs across three years.
- Negative net worth is primarily due to substantial negative reserves and surplus.
Price Impact
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