StockWatch
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Residential- Commercial Projects
Regulatory30 May 2026, 09:38 pm

Steel Strips: Reg 24A(2) SEBI LODR Not Applicable

AI Summary

Steel Strips Infrastructures Ltd announces that Regulation 24A (2) of SEBI (LODR) Regulations, 2015 is not applicable for the financial year ended March 31, 2026. This is because the company's paid-up equity share capital is ₹8,64,30,000, which does not exceed the prescribed limit of ₹10,00,00,000. Additionally, the company's net worth is ₹(1,78,17,000), less than the ₹25,00,00,000 threshold.

Key Highlights

  • Regulation 24A(2) of SEBI (LODR) Regulations, 2015 not applicable to Steel Strips.
  • Paid-up equity share capital is ₹8,64,30,000, below ₹10,00,00,000 limit.
  • Net worth is ₹(1,78,17,000), less than ₹25,00,00,000 threshold as of March 31, 2026.