Corporate Governance28 Jul 2026, 05:50 pm
Jiya Eco-Products Exempted from SEBI LODR Corporate Governance Rules
AI Summary
Jiya Eco-Products Ltd has declared non-applicability of specified SEBI (LODR) Regulations, 2015, concerning corporate governance. This exemption is due to the company's paid-up equity share capital of ₹1,06,31,400 (less than ₹10 crore) and a negative net worth of (₹2,79,83,000) as of March 31, 2026. These figures fall within the criteria for exemption under Regulation 15(2). The company, which was acquired via Corporate Insolvency Resolution Process, is implementing its approved resolution plan and will comply with these regulations when they become applicable. Applicable provisions of the Companies Act, 2013, continue to apply.
Key Highlights
- Company exempt from specific SEBI LODR corporate governance rules.
- Exemption based on paid-up capital and net worth below thresholds.
- Company is under insolvency resolution and implementing a plan.
- Will comply with rules when they become applicable.
Price Impact
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