Certificate of Non-Applicability of Corporate Governance provisions.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ceeta Industries Ltd has informed BSE that Corporate Governance provisions under SEBI (LODR) Regulations, 2015 do not apply to the company. This exemption is based on Regulation 15(2), which applies to companies with paid-up equity share capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore. The company has a paid-up equity share capital of Rs 1.45 crore and net worth of Rs 13.04 crore as of March 31, 2026. The Chartered Accountants G.K. Tulsyan & Co certified this based on audited financial statements for FY2024, FY2025, and FY2026. Net worth has been steadily growing from Rs 9.67 crore (March 2024) to Rs 12.43 crore (March 2025) and Rs 13.04 crore (March 2026).
This is a routine compliance filing confirming the company's small size exempts it from detailed corporate governance requirements. The exemption is positive as it reflects the company operates within thresholds, though investors should note limited governance disclosures. The growing net worth trend is encouraging for a company of this scale.