Yuvraaj Hygiene Products Limited has officially confirmed the non-applicability of certain corporate governance provisions under SEBI’s Listing Regulations for the half-year ended September 30, 2026. This is due to the company’s paid-up share capital and net worth being below the thresholds stipulated by Regulation 15(2). Consequently, the company is exempt from complying with specific regulations for the financial year 2026-27.
Confirmation of Regulatory Exemption
Yuvraaj Hygiene Products Limited has issued a formal notification regarding the non-applicability of specific corporate governance requirements as per the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption pertains to the half-year period concluding on September 30, 2026.
Basis for Non-Applicability
The company’s current financial standing, specifically its paid-up share capital and net worth, falls below the thresholds outlined in Regulation 15(2) of the Listing Regulations. As of the last day of the previous financial year, March 31, 2026, the paid-up equity share capital stood at ₹9,06,56,406, and the net worth was ₹4,47,53,757. These figures are below the prescribed limits of ₹10 Crores for paid-up share capital and ₹25 Crores for net worth.
Exemptions for Financial Year 2026-27
Due to meeting these criteria, Yuvraaj Hygiene Products Limited is not required to comply with the corporate governance provisions specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, and 27, along with certain clauses of regulation 46 and Schedule V. Furthermore, the company is also exempt from filing Related Party Transactions as per Regulation 23(9) for the aforementioned period. The company assures compliance with these provisions should they become applicable in the future.
Audited Confirmations
Independent certifications from N. S. Gokhale & Company, Chartered Accountants, dated July 24, 2026, July 17, 2025, and July 16, 2024, corroborate the company’s financial position as of March 31st for the years 2026, 2025, and 2024 respectively, confirming the paid-up share capital and net worth (which was negative in 2024) remained below the regulatory thresholds, thus justifying the non-applicability of certain corporate governance norms for the respective financial years.
Source: BSE
