Radha Madhav Corporation Corporate Governance Non-Applicability

Radha Madhav Corporation Ltd certifies corporate governance report non-applicability due to sub-threshold paid-up capital and net worth.
Company discloses negative net worth of ₹(374.10) crore in FY22 and positive ₹15.14 crore in FY25 per audited financials.
Certification cites exemption from SEBI LODR Regulations 15(2)(a) and 27(2) based on capital size and past CIRP status.
Company was under Corporate Insolvency Resolution Process from October 2020 to August 2022 per NCLT Mumbai order.