Non-Appilcability of Reg 24(A) for the Year Ended March 31,2026
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Aditya Ispat Ltd has filed a declaration with BSE stating that Regulation 24(A) of SEBI (LODR) is not applicable to the company for FY2025-26. The company claims exemption under Regulation 15(2) as it qualifies as a small listed entity. The filing shows paid-up capital of Rs. 5.35 crore and a negative net worth of Rs. -75.58 lakh as of March 31, 2026, both below the thresholds specified in the regulation. The attached net worth certificate from statutory auditors Dagliya & Co. confirms the figures. Due to being a small company, multiple SEBI regulations including those on corporate governance (17-27) are also not applicable to the company.
This filing indicates the company is a small listed entity with negative net worth, which signals significant financial stress and capital erosion over recent years. Shareholders should note that governance compliance requirements are minimal for this company, and the negative net worth raises going-concern issues.