Cura Technologies Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Q_ FY 20__-__
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Cura Technologies Limited has informed the BSE and NSE that it is not required to file a quarterly Corporate Governance Compliance Report for the quarter ended 30 June 2025. The company qualifies for this exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, because its paid-up equity share capital (Rs. 9.15 crore) and net worth (Rs. 7.72 crore) as on 31 March 2025 are both below the required thresholds of Rs. 10 crore and Rs. 25 crore respectively. A Practicing Company Secretary has certified this exemption. The filing also shows the company raised fresh equity in FY25, with paid-up capital rising sharply from Rs. 1.95 crore (FY24) to Rs. 9.15 crore, while net worth recovered from a negative Rs. 4.44 lakh in FY23 to Rs. 7.72 crore in FY25.
This is a routine regulatory filing and has no direct impact on shareholders or stock price. Investors should note that Cura Technologies is a small-cap company whose net worth was negative as recently as FY23 but has since strengthened, suggesting a possible turnaround in financial health.