Sarthak Global says corporate governance report not required for Q2 FY27 as capital and net worth are below limits
Sarthak Global has informed BSE that the corporate governance report under Regulation 27(2) is not applicable to it for the quarter ended 30.09.2026.
By ScoutQuest · · 2 min read
- Paid up equity share capital (31.03.2026)
- Rs. 3,00,00,000
- Net worth (31.03.2026)
- Rs. 1,70,24,751
- Applicability thresholds cited
- paid up equity share capital below Rs. 10 Crore and net worth below Rs. 25 Crore
What the company said
Sarthak Global has shared a letter with BSE stating that the corporate governance report requirement under Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to it for the quarter ended 30.09.2026.
The numbers behind it
- Paid up equity share capital as on 31.03.2026: Rs. 3,00,00,000
- Net worth as on 31.03.2026: Rs. 1,70,24,751
The company said its paid up equity share capital was below Rs. 10 Crore and its net worth was below Rs. 25 Crore on the last day of the previous financial year ended 31.03.2026. Being below these levels, the company states it is not required to submit the corporate governance report for the quarter.
Three-year position
- 31.03.2026: paid up capital Rs. 3,00,00,000, net worth Rs. 1,70,24,751
- 31.03.2025: paid up capital Rs. 3,00,00,000, net worth Rs. 1,69,19,026
- 31.03.2024: paid up capital Rs. 3,00,00,000, net worth Rs. 1,66,19,523
The paid up share capital has stayed the same across these three year-ends, while net worth has moved up modestly from Rs. 1,66,19,523 to Rs. 1,70,24,751.
Other points in the letter
- The provisions of Chapter IV, read with Section II-B of the SEBI Master Circular dated January 30, 2026, are also stated as not applicable to the company for the quarter ended September 30, 2026.
- The company said Section II-B has since been omitted and its requirements subsumed under Integrated update (Governance). The requirement to submit a declaration at the start of each financial year, signed by the Compliance Officer or Chief Executive Officer and accompanied by a certificate from a Practicing Chartered Accountant or Practicing Company Secretary, has also been dispensed with.
What it means for readers
This is a compliance intimation telling the exchange which reporting requirements apply to the company for the quarter. It places the company below the stated capital and net worth thresholds used for the corporate governance report requirement, and sets out its capital and net worth figures for the last three financial years.
More numbers
- Paid up equity share capital as on 31.03.20263,00,00,000
- Net worth as on 31.03.20261,70,24,751
- Net worth as on 31.03.20251,69,19,026
- Net worth as on 31.03.20241,66,19,523
- Paid up equity share capital threshold referred toRs. 10 Crore
- Net worth threshold referred toRs. 25 Crore
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