Announced Sat, 18 Jul · 18:12 IST
Eurotex Industries files Corporate Governance non-applicability certificate
Compliance View source PDF
EUROTEXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.8%1-day move
₹13.45
prior close
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base price
After-mkt
timing
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AI summary
Eurotex Industries told exchanges that SEBI corporate governance rules (Regulations 17 to 27) do not apply for the quarter ended 30 June 2026. The company qualifies because its paid-up capital is about Rs 8.74 crores (under Rs 10 crores) and net worth is well below Rs 25 crores. Auditor-certified net worth is negative at minus Rs 27.64 crores as of March 2026, improved from minus Rs 29.47 crores a year earlier, showing accumulated losses exceeding equity.
Likely market impact
Routine filing showing exemption from corporate governance rules. Negative net worth of minus Rs 27.64 crores signals serious financial weakness.