I-Power Solutions India Ltd has submitted a regulatory disclosure to the Bombay Stock Exchange regarding exemption from certain SEBI Listing Obligations and Disclosure Requirements (LODR) compliance obligations.
The company cites Regulation 15(2) of SEBI (LODR) Regulations, 2015, 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 various corporate governance provisions.
As per the audited financial statements as of March 31, 2026:
- Paid-up equity share capital: ₹5,89,90,000 (₹5.90 crore)
- Net worth: ₹5,37,82,935 (₹5.38 crore)
Both figures are below the prescribed thresholds under Regulation 15, making the company eligible for exemption from compliance with corporate governance provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and certain clauses of Regulation 46 and Schedule V.
Specifically, the company confirms that Regulation 23(9) of SEBI (LODR) Regulations, 2015 is not applicable, and therefore the company is not required to submit "Disclosure of Related Party Transactions on a consolidated basis for the half year ended September 30, 2026".
The company provides an undertaking that if these regulations become applicable at a later date, it will comply with the requirements within six months from the date the provisions become applicable.