Regulatory14 Apr 2026, 02:22 pm
Shiva Suitings exempt from SEBI Reg 23(9) due to capital/net worth
AI Summary
Shiva Suitings Ltd has informed that Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company. This exemption is due to its paid-up equity share capital being less than ₹10 Crores and its net worth being less than ₹25 Crores as of March 31, 2026. These financial figures are below the thresholds specified in Regulation 15 of the SEBI (LODR) Regulations, 2015, thereby exempting the company from certain compliance requirements.
Key Highlights
- Shiva Suitings is exempt from SEBI Regulation 23(9).
- Paid-up equity capital is less than ₹10 Crores.
- Net worth is less than ₹25 Crores as of March 31, 2026.
- Company falls below Regulation 15 thresholds.
- This impacts certain compliance requirements.
Price Impact
More from SHVSUIT