| Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? | false | Sub: Non-applicability of Corporate Governance provisions under SEBI (Listing
Obligations and Disclosure Requirements) Regulations. 2015.for the quarter
ended 30th June 2025
We hereby inform you that as per regulation 15(2) of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, compliance with the Corporate Governance provisions as specified in regulations 17,18,19,20,21,22,23,24,25,26,27and clause (b) to (i) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V, is not applicable to the Company as the paid up capital of the Company is Rs.74,04,800/- ( Rupees Seventy Four Lacs Four thousand eight hundred ) and Net worth is Rs.2,21,80,976/- (Rupees Two Crore Twenty one lacs Eighty Thousand Nine Hundred Seventy Six ) as on 31st March 2025. So the paid up capital of the company is less than Rs.10 crore and Net worth is less than Rs.25 crore as on 31/03/2025.The Paid up capital and Networth of previous four financial years are following :-
(Amount in Rupees)
Year Paid-up Capital Networth
2021-2022 74,04,800 53,94,497
2022-2023 74,04,800 57,06,632
2023-2024 74,04,800 92,69,527
2024-2025 74,04,800 2,21,80,976
Under the circumstances, the report on Corporate Governance as specified in Regulation
27 (2) for the quarter ended 30th June, 2025 is not being submitted |