Corporate Governance Exemption Details
Regulatory Basis: The filing is made pursuant to Regulation 27(2) read with Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which exempts companies from corporate governance compliance if their paid-up equity share capital does not exceed ₹10 crore and net worth does not exceed ₹25 crore as on the last day of the previous financial year.
Certification: Mr. Apoorv Srivastava, Practising Company Secretary (M. No.: F12734, C.P. No.: 21063), certified that ACE Edutrend Limited meets the exemption criteria. The certification was issued on July 16, 2026, from Kanpur, Uttar Pradesh.
Financial Threshold Compliance: The company provided three-year financial data demonstrating compliance with exemption thresholds:
- Financial Year 2025-26: Paid-up share capital: ₹9.16 crore; Net worth: ₹7.94 crore
- Financial Year 2024-25: Paid-up share capital: ₹9.16 crore; Net worth: ₹8.09 crore
- Financial Year 2023-24: Paid-up share capital: ₹2.16 crore; Net worth: Not specified
The certification references Master Circular SEBI/HO/CFD/POD2/CIR/P/2023/120 dated July 11, 2023.
Investor Complaints Statement
Regulatory Basis: Filed pursuant to Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Content: The company submitted a certificate from its Registrar and Share Transfer Agent confirming the status of investor complaints for the quarter ended June 30, 2026. The disclosure indicates zero investor complaints during this period.
Financial Impact
No financial impact disclosed. The filing represents a regulatory compliance status update rather than a financial transaction.