Regulatory Basis for Exemption
The certificate states that pursuant to Regulation 15(2) of the SEBI (LODR) Regulations, 2015, compliance with corporate governance provisions (specified in regulations 17, 174, 18, 19, 20, 21, 22, 23, 24, 244, 25, 26, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V) shall not apply when a listed company meets certain criteria.
Quantitative Financial Criteria
The company qualifies for exemption under Regulation 15(2)(A) based on the following financial parameters:
| Financial Year | Paid-up Share Capital (₹) | Net Worth (₹) |
| 2025-26 | 9,00,00,000 | 3,20,11,000 |
| 2024-25 | 9,00,00,000 | -1,38,35,000 |
| 2023-24 | 9,00,00,000 | -1,08,32,000 |
Exemption Declaration
As M/s Rushabh Precision Bearings Limited falls under the ambit of Regulation 15(2)(A) of the SEBI (LODR) Regulations, 2015, compliance with corporate governance provisions as specified in Regulation 27(2) shall not be applicable to the company for the Financial Year 2026-27.
Future Undertaking
The company undertakes that whenever the exemption regulations of the SEBI (LODR) Regulations, 2015 become applicable to the company at a later date, it will comply with the same within six months from the date on which the provisions become applicable.
Certification Details
Certified by: Parshwa Shah & Associates, Company Secretaries
Professional Credentials: FCS: 12149, COP: 25318, Peer Review Certificate: No: 5656/2024, UDIN: F009559H000981244
Place and Date
Place: Ahmedabad
Date: 30th July 2026