Corporate Governance28 May 2026, 10:34 pm
Company exempt from SEBI LODR Reg 23(9) on corporate governance
AI Summary
The company has informed that it is exempt from complying with Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and other specified corporate governance provisions. This non-applicability is pursuant to Regulation 15(2) of SEBI (LODR) Regulations, 2015. The exemption applies because the company's Paid-up Equity Share Capital is less than ₹10 Crore and its Net Worth is less than ₹25 Crore as of March 31, 2026, meeting the criteria for small companies.
Key Highlights
- Company exempt from SEBI LODR Regulation 23(9).
- Exemption due to Paid-up Equity Capital below ₹10 Crore.
- Net Worth also below ₹25 Crore as of March 31, 2026.
- Non-applicability extends to various corporate governance provisions.
Price Impact
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