Regulatory21 May 2026, 07:01 pm
South Asian Enterprises: Reg 23(9) Not Applicable
AI Summary
South Asian Enterprises Ltd informs BSE that Regulation 23(9) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 is not applicable to the company for the half year ended March 31, 2026. This is because, as of March 31, 2025, neither the paid-up equity share capital nor the net worth of the company exceeded ₹10 Crore and ₹25 Crore respectively, as per Regulation 15(2).
Key Highlights
- Regulation 23(9) of SEBI Listing Regulations not applicable to South Asian Enterprises.
- Non-applicability due to the company's capital and net worth being below specified thresholds.
- Thresholds are ₹10 Crore for paid-up equity share capital and ₹25 Crore for net worth.
- Assessment based on financials as of March 31, 2025.
Price Impact
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