Jainco Projects Exempt from Key SEBI LODR Corporate Governance Norms
Jainco Projects India Ltd has declared its exemption from several SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically regulations 17 to 27 and certain clauses of regulation 46 and Schedule V. This exemption is applicable to companies with a paid-up capital not exceeding ₹10 Crores and a net worth not exceeding ₹25 Crores as of the last day of the previous financial year. As per the audited financial statements for the year ended March 31, 2025, Jainco Projects' paid-up equity share capital is ₹10.00 Crores and its net worth is ₹10.66 Crores, both falling below the specified thresholds. Consequently, the company is not required to comply with these corporate governance provisions.
Key Highlights
- Jainco Projects is exempt from specific SEBI LODR regulations due to its size.
- Exemption applies to companies with paid-up capital under ₹10 Cr and net worth under ₹25 Cr.
- Company's paid-up capital is ₹10.00 Cr and net worth is ₹10.66 Cr as of March 31, 2025.
- Regulations 17-27, related to corporate governance, are not applicable to the company.
Price Impact
More from JAINCO