Hindustan Agrigenetics Limited
Regulatory Basis for Exemption
The company cites Regulation 15(2) of SEBI LODR Regulations, 2015, which exempts listed entities from compliance with corporate governance provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clause (b) to (i) of sub-regulation (2) of regulation 46 and Para C, D and E of Schedule V, if the entity has:
- 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.
Financial Position as of March 31, 2026
According to the latest audited accounts:
- Paid-up equity share capital: ₹4,40,02,000 (Rupees Four Crore Forty Lakhs and Two Thousand Only)
- Net worth: ₹12,15,75,974 (Rupees Twelve Crores Fifteen Lakhs Seventy Five Thousand Nine Hundred Seventy Four Only)
Both figures are below the threshold limits specified under Regulation 15(2).
Specific Exemption Declaration
Consequently, Regulation 15(2) and the provision of Regulation 23(9) of SEBI LODR Regulations, 2015 (as amended) are not applicable to the company. The company is therefore not required to submit "Disclosure of Related Party Transactions on a consolidated basis for the half year ended March 31, 2026" as required under Regulation 23(9).