The paid up capital and net worth of the Company (based on the Audited Financial Statement as on 31.03.2025) was Rs. 124.50 Lakh and Rs. (-791.70) Lakh which is not exceeding threshold ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nilkanth Engineering Ltd has informed BSE that it is not required to submit Related Party Transaction disclosures under SEBI Regulation 23(9). The company qualifies for exemption because its paid-up equity capital of Rs. 124.50 Lakhs does not exceed the Rs. 10 Crore threshold, and its net worth is negative at Rs. 272.28 Lakhs, well below the Rs. 25 Crore requirement. The filing dated April 7, 2026 is based on audited financials as of March 31, 2025. This is a routine compliance notification explaining why the half-yearly related party disclosure is not being filed.
Negative net worth signals financial distress and weak balance sheet. Small paid-up capital indicates a micro-cap stock with limited trading liquidity. Shareholders should be cautious as the company may face going-concern risks.