Financial Thresholds for Exemption
As of 31st March, 2026 (previous financial year end):
- Paid-up capital: ₹329.55 lakhs (₹3.30 crore), which is below the ₹10 crore threshold
- Net worth: ₹415.91 lakhs (₹4.16 crore), which is below the ₹25 crore threshold
Regulatory Basis for Exemption
The company qualifies for exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, from the corporate governance provisions specified in:
- Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27
- Clauses (b) to (i) of sub-regulation (2) of regulation 46
- Para C, D and E of Schedule V
Specific Exemption Claimed
The company is not required to submit related party transactions disclosures as per Regulation 23(9) of SEBI (LODR) Regulations, 2015 for the quarter ended 30th September, 2026.