Applicability of the Corporate Governance Report for the quarter ended on 30th June, 2025 as per Regulations 27(2) by Practicing Company Secretary and Company read with Regulation 15(2) ....
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Kotia Enterprises Ltd has informed the stock exchanges that its exemption from mandatory Corporate Governance compliance under SEBI (LODR) Regulation 15(2) no longer applies. While the company's paid-up equity share capital remains below Rs 10 crore, its net worth as of March 31, 2025 rose to Rs 38.67 crore, crossing the Rs 25 crore net worth threshold that triggers mandatory compliance. A certificate from Practicing Company Secretary Amit H.V. & Associates confirms this change in applicability. As per Regulation 15(2A), the company now has six months to bring its governance practices and disclosures into full compliance with Regulation 27.
Shareholders should note that Kotia Enterprises will now need to meet stricter board composition, committee, and disclosure norms that previously did not apply to it. The crossing of the net worth threshold signals meaningful balance-sheet growth, which could attract greater institutional interest but also requires stronger governance discipline.