Adinath Textiles Limited has submitted a regulatory disclosure to BSE Limited regarding the non-applicability of certain SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company cites Regulation 15(2) of SEBI LODR Regulations, which exempts listed entities with 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 from compliance with corporate governance provisions specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and Para C, D and E of Schedule V.
According to the latest audited financial statements as at 31st March 2026:
- Paid-up equity capital: ₹681.44 lakh (68,14,350 equity shares of ₹10 each)
- Net worth: ₹302.18 lakh
These figures are below the threshold limits specified under Regulation 15(2) of SEBI LODR Regulations, 2015.
Specifically, the company states that provisions of Regulation 23(9) are not applicable, and it is not required to submit Related Party Transaction Report for the half year ended 31st March 2026 as required under the said Regulations.
The company confirms that when these provisions become applicable upon crossing the threshold limits in the future, it will ensure compliance within six months from such date.
Financial Data Certification
Attached is a certificate from P.S. Bathla & Associates, Company Secretaries, verifying the paid-up equity share capital and net worth for the previous three financial years:
| Particulars | As on 31st March 2026 (₹ in Lacs) | As on 31st March 2025 (₹ in Lacs) | As on 31st March 2024 (₹ in Lacs) |
| Paid-up Equity Share Capital | 681.44 | 681.44 | 681.44 |
| Net Worth | 302.18 | 297.77 | 288.96 |
The certificate is dated 26th May 2026 and bears UDIN: F004391H000486191.