
Sarthak Global: Non-applicability of SEBI Reg 27(2) for Q2 FY27
Sarthak Global Ltd has informed the stock exchange regarding the non-applicability of Regulation 27(2) of SEBI Listing Regulations, 2015, for the quarter ended September 30, 2026. This is due to the company's paid-up equity share capital of ₹3,00,00,000 and net worth of ₹1,70,24,751 as of March 31, 2026, both falling below the prescribed thresholds of ₹10 Crore and ₹25 Crore, respectively. Consequently, the company is not required to submit its Corporate Governance Report for the specified quarter. The filing also clarifies that Chapter IV of the SEBI LODR Regulations and related master circular provisions are not applicable, including the requirement for an annual declaration signed by the Compliance Officer or CEO and certified by a Practicing Chartered Accountant or Company Secretary.
Key Highlights
- Company not required to submit Corporate Governance Report for Q2 FY27.
- Paid-up capital and net worth below SEBI thresholds.
- Specific SEBI regulations and circulars deemed non-applicable.
- Annual declaration requirement for corporate governance dispensed with.
Price Impact
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