Regulatory26 May 2026, 04:07 pm
Valley Magnesite: Reg 23(9) of SEBI LODR Not Applicable
AI Summary
Valley Magnesite Company Ltd. announces 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 because the company's paid-up equity share capital as of March 31, 2026, is ₹1.05 Crore, and its net worth is ₹9.32 Crores, both below the specified thresholds of ₹10.00 Crores and ₹25.00 Crores, respectively.
Key Highlights
- Regulation 23(9) of SEBI LODR not applicable to Valley Magnesite.
- Paid-up equity share capital is ₹1.05 Crore as of March 31, 2026.
- Net worth is ₹9.32 Crores as of March 31, 2026.
- Threshold for paid-up capital is ₹10.00 Crores.
- Threshold for net worth is ₹25.00 Crores.
Price Impact
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