Corporate Governance16 Jul 2026, 03:45 pm
Ishwarshakti Holdings CG Rules Applicable from FY26
AI Summary
Ishwarshakti Holdings & Traders Ltd announced that corporate governance provisions under SEBI (LODR) Regulations, 2015, have become applicable from March 31, 2026. This is due to its paid-up share capital being below the threshold (Rs. 10 Crores) but net worth exceeding the threshold (Rs. 25 Crores). Consequently, the company must comply with Regulations 17 to 27 and other related clauses. The company is implementing necessary measures and expects to complete compliance within six months from the effective date. A certificate from Aabid & Co. confirms the paid-up capital and net worth figures for the financial years 2023-24, 2024-25, and 2025-26.
Key Highlights
- Corporate governance rules now apply to Ishwarshakti Holdings from March 31, 2026.
- Applicability triggered by net worth exceeding Rs. 25 Cr, despite low paid-up capital.
- Company has six months to implement required corporate governance compliances.
- Aabid & Co. provided a certificate on paid-up capital and net worth.
Price Impact
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