Corporate Governance25 May 2026, 07:32 pm
Inter State Oil Carrier: Corp Governance Compliance Exemption
AI Summary
Inter State Oil Carrier Ltd is exempt from certain Corporate Governance provisions under SEBI regulations as its Paid-Up Equity Share Capital is ₹4,99,23,000 and Net Worth is ₹21,14,17,743.99 as of March 31, 2026. This exemption applies to regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V.
Key Highlights
- Inter State Oil Carrier qualifies for Corporate Governance exemptions.
- Paid-up Equity Share Capital is ₹4,99,23,000 as of March 31, 2026.
- Net Worth is ₹21,14,17,743.99 as of March 31, 2026.
- Exemption as per Regulation 15(2) of SEBI norms.
- Company is not required to comply with Related Party Transaction norms under Regulation 23(9).
Price Impact
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