This is to certify that the Company''s Paid-up equity share capital and net worth are below the threshold limit as specified under Regulations 15(2) of SEBI (LODR) Regulations, 2015. Therefore, ....
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Vision Cinemas Ltd has certified that it qualifies for exemption from quarterly corporate governance reporting and annual secretarial compliance requirements under SEBI regulations. The company's paid-up equity share capital stands at Rs. 7.89 crore and net worth at Rs. 15.35 crore as per the audited balance sheet for FY 2024-25. Both figures fall below the SEBI thresholds of Rs. 10 crore (capital) and Rs. 25 crore (net worth) specified under Regulation 15(2)(a) of SEBI (LODR) 2015. Historical data shows net worth has remained stable around Rs. 15.35 crore over the past three financial years. The company is seeking relief from certain listing obligations applicable to smaller listed entities.
This exemption means Vision Cinemas is not required to comply with certain corporate governance disclosure norms applicable to larger listed companies. This is a routine regulatory compliance matter with no direct impact on shareholder value or stock price.