Financial Threshold Analysis
As per audited financials for FY ended March 31, 2026:
- Paid-up share capital: ₹8,11,62,000 (₹8.12 crore), which remains below ₹10 crore threshold
- Net worth: Exceeded ₹25 crore threshold (exact amount not specified)
Regulatory Impact
The company is no longer eligible for exemption from corporate governance provisions specified under Regulation 15(2) of SEBI LODR Regulations due to net worth crossing ₹25 crore.
Compliance Requirements
The company must comply with:
- Regulations 17 to 27 of SEBI LODR Regulations
- Clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46
- Paragraphs C, D and E of Schedule V
Compliance Timeline
- Compliance must be achieved on or before September 30, 2026
- First compliance reporting will be for the quarter ending September 30, 2026