The paid up share capital and net worth of the company for the period ended 31.03.2024 is Rs. 8,75,00,000/- and Net worth is Rs. (3,63,77,247.74)/-. Our Company is exempt under Regulation ....
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Eureka Industries Limited has informed BSE that it is not required to file the Annual Secretarial Compliance Report for FY ended 31 March 2025. The company claims exemption under Regulation 15(2) of SEBI LODR, 2015 because both its paid-up equity share capital and net worth fell below the prescribed thresholds as on 31 March 2024. The company's paid-up share capital stood at Rs. 8.75 crore, which is below the Rs. 10 crore limit. More notably, its net worth was deeply negative at Rs. (3.64) crore, well below the Rs. 25 crore threshold. This is a routine compliance declaration, but the negative net worth figure reveals significant financial weakness.
No direct stock price impact from this filing as it is procedural. However, the disclosed negative net worth of Rs. 3.64 crore is a serious concern for shareholders, indicating the company's liabilities exceed its assets. Investors should treat this as a yellow flag and review the company's financials carefully before investing.