Company Disclosure
Colinz Laboratories Limited (Scrip Code: 53L210) has submitted a regulatory filing to BSE Limited regarding non-applicability of corporate governance reporting requirements.
Regulatory Basis for Exemption
The exemption applies under Chapter IV and pursuant to Regulation 15(2)(a) of SEBI (LODR) Regulations, 2015, which states that compliance with corporate governance provisions shall not apply to listed entities having paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore as on the last day of the previous financial year.
Financial Position Analysis
As per audited figures:
- Paid-Up Equity Share Capital: Remained constant at ₹251.91 lakhs (₹2.52 crore) across all three financial years (31.03.2024, 31.03.2025, and 31.03.2026)
- Net Worth: Showed consistent growth from ₹894.89 lakhs (31.03.2024) to ₹947.44 lakhs (31.03.2025) and ₹1004.31 lakhs (₹10.04 crore) as of 31.03.2026
Specific Exemption Period
The exemption specifically applies to the corporate governance reporting requirement for the quarter ended 30th June 2026.
Certification Details
The certificate was issued by Sanjay Dholakia & Associates, a practicing company secretaries firm. It was digitally signed by Sanjay Rasiklal Dholakia, Proprietor (Membership No.: FCS 2655, CP No.: 1798) on 03rd July 2026 at Mumbai. The firm's peer reviewed firm number is 2036/2022, and the UDIN is F002655H000736201.