StockWatch
·
Other Agricultural Products
Corporate Action7 Jan 2026, 05:01 pm

TGIF Agribusiness Ltd. exempted from Regulation 23(9) for Q4 2025

AI Summary

TGIF Agribusiness Ltd. has announced that Regulation 23(9) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, is not applicable to the company for the quarter ended on December 31, 2025. This is because the Paid-up Equity Share Capital and the Net Worth of the company do not exceed INR 10 Crores and INR 25 Crores respectively as of March 31, 2025. A certificate confirming this non-applicability was submitted by a Practising Company Secretary via email on October 17, 2025, in response to BSE’s email dated October 7, 2025, regarding the applicability of Regulation 23 of the SEBI (LODR) Regulations to a listed entity whose specified securities are listed on the SME Exchange.

Key Highlights

  • TGIF Agribusiness Ltd. is exempted from Regulation 23(9) for Q4 2025
  • The Paid-up Equity Share Capital and Net Worth of the company do not exceed INR 10 Crores and INR 25 Crores respectively
  • A certificate confirming the non-applicability of the regulation was submitted by a Practising Company Secretary