Regulatory26 May 2026, 05:51 pm
SPA Capital: Reg 23(9) Not Applicable for Half Year Ended March 2026
AI Summary
SPA Capital Services Ltd has announced that Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the half year ended March 31, 2026. This is due to the company's paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore as of the last day of the previous financial year, as per Regulation 15(2) of the SEBI (LODR) Regulations, 2015. The company will comply with the regulations when applicable.
Key Highlights
- Regulation 23(9) of SEBI (LODR) Regulations, 2015 not applicable to SPA Capital.
- Exemption due to paid-up equity share capital and net worth criteria.
- Company's paid-up capital under ₹10 crore and net worth under ₹25 crore.
- SPA Capital will comply when the regulation becomes applicable.
Price Impact
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