Since the Company does not have paid up capital and net worth as per minimum level as defined under regulation 15(2) of the SEBI (LODR) Regulations, 2015, the Company is not required to ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Premier Synthetics Ltd has informed BSE that it is exempt from submitting Related Party Transactions disclosure under Regulation 23(9) of the SEBI (LODR) Regulations, 2015. The exemption is based on Regulation 15(2), which allows companies with paid-up equity share capital not exceeding Rs 10 crore AND net worth not exceeding Rs 25 crore to be exempt from certain corporate governance requirements. The company states it does not meet the minimum paid-up capital and net worth thresholds, and therefore is not covered by the related party transaction disclosure rules. The filing was signed by Company Secretary Vinod Rana on 29th May 2026.
The company is very small with negligible capital and net worth, exempting it from standard corporate governance and disclosure requirements. This signals higher risk and limited transparency obligations for investors.