Regulatory29 May 2026, 09:33 pm
Shiva Suitings: Regulation 23(9) of LODR Not Applicable for March 2026
AI Summary
Shiva Suitings Ltd announces that Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company. This is because, as of March 31, 2026, the company's paid-up equity share capital is less than ₹10 Crores and its net worth is less than ₹25 Crores, falling below the requirements of Regulation 15 of SEBI (LODR) Regulations, 2015.
Key Highlights
- Regulation 23(9) of LODR not applicable to Shiva Suitings.
- Paid-up equity share capital is less than ₹10 Crores.
- Net worth of the company is less than ₹25 Crores as of March 31, 2026.
- Company does not meet Regulation 15 of SEBI (LODR) Regulations, 2015.
Price Impact
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