This is to inform that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is not required to submit "Compliance Report ....
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GS Auto International Ltd has informed BSE that it is exempt from submitting quarterly Corporate Governance Compliance Reports under Regulation 27(2) of SEBI LODR Regulations, 2015. The exemption is based on Regulation 15(2), which applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore. The company's paid-up equity share capital has been steady at Rs. 725.73 lacs (~Rs. 7.26 crores) across the last four financial years (FY22–FY25). Net worth has remained under the Rs. 25 crore threshold, ranging from Rs. 1,970.15 lacs in FY23 to Rs. 2,266.69 lacs in FY22, with the latest figure at Rs. 2,158.84 lacs as of 31st March 2025. A Chartered Accountant certificate from Sukhminder Singh & Co. confirms these figures, and the exemption is effective from 1st April 2024.
This filing confirms GS Auto International qualifies as a small-cap listed entity, which relieves it of detailed quarterly corporate governance reporting — but shareholders will get less frequent governance disclosures. If the company crosses either threshold in the future, full SEBI governance compliance must be restored within six months.