Regulatory Basis
The exemption is claimed under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which exempts listed entities having:
- Paid-up equity share capital not exceeding ₹10 crore
- Net worth not exceeding ₹25 crore
as on the last day of the previous financial year (March 31, 2026).
Quantitative Financial Figures
Paid-up Capital History:
- FY 2023-2024: ₹0.99 crore
- FY 2024-2025: ₹0.99 crore
- FY 2025-2026: ₹0.99 crore
Net Worth History:
- FY 2023-2024: ₹0.43 crore
- FY 2024-2025: ₹0.04 crore
- FY 2025-2026: ₹0.04 crore
Dates and Timeline
- Company declaration date: July 28, 2026
- Company secretary certification date: July 25, 2026
- Reference quarter: June 30, 2026
- Financial year reference: March 31, 2026
Parties Involved
- Listed Entity: Desi Farms India Limited (CIN: L60231KA1963PLC004604)
- Stock Exchange: BSE Limited (Scrip Code: 507984, Trading Symbol: DESIFARMS)
- Company Secretary Firm: SAND & ASSOCIATES, Practicing Company Secretaries
- Company Representatives: Sunil Kumar Shahi (Managing Director, DIN: 01887403), Varun Nashine (Partner, M. No.: A49574, C.P. No.: 17975)
Financial Impact
No financial impact disclosed. The filing represents a regulatory compliance exemption rather than a financial transaction.
Certification
Company Secretary Varun Nashine of SAND & ASSOCIATES certified that:
- The company is not required to submit Corporate Governance Report per Regulation 27(2)
- The company is compliant with the provisions of the above-mentioned regulation