With reference to the above the provisions of Reg 24A/24A(2) read with Reg 15(2) applicability criteria of the SEBI (LODR) Regulations, 2015 is not applicable to the company since the paid ....
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Pagaria Energy Limited has informed BSE that the provisions of Regulation 24A(2) of SEBI LODR Regulations, 2015 are not applicable to the company for the year ended 31st March 2025. This is because the company's paid-up equity share capital of ₹4.35 crores and net worth of ₹6.25 crores as on 31st March 2024 are both below the SEBI threshold limits of ₹10 crores and ₹25 crores respectively. A Practising Company Secretary has also issued a Corporate Governance Compliance Certificate confirming that the company is exempt from filing a Corporate Governance Report under Regulation 27(2) for the same reason. The company's paid-up capital has remained steady at ₹4.35 crores for the last three financial years (FY22–FY24), while net worth has grown modestly from ₹6.17 crores to ₹6.25 crores.
This is a routine compliance filing with no material impact on shareholders. The company remains exempt from certain corporate governance and secretarial compliance reporting obligations because it is a small-cap entity, but investors should note that lower compliance requirements mean less public disclosure of governance practices.