B.P. Capital Limited qualifies for Corporate Governance exemption based on financial metrics
B.P. Capital Limited has qualified for an exemption from certain corporate governance provisions after reviewing its paid-up equity share capital and net worth against prescribed thresholds over the last three financial years.The company met the criteria, as its paid-up equity share capital did not exceed ₹10.00 Crore (Rupees Ten Crore) and its net worth did not exceed ₹25.00 Crore (Rupees Twenty-Five Crore), based on the audited financial statements for the three preceding years.
The financial performance data detailing B.P. Capital Limited's paid-up equity share capital and net worth is as follows:
| Particulars | As on 31st March, 2026 | As on 31st March, 2025 | As on 31st March, 2024 |
|---|---|---|---|
| Paid-up Equity Share Capital (₹) | 6,01,18,000 | 6,01,18,000 | 6,01,18,000 |
| Net Worth (₹) | 4,33,07,277 | 4,49,83,536 | 4,65,92,130 |
Due to these financial standings, the company is exempted from the application of specific corporate governance requirements detailed in the regulations. The provisions related to corporate governance specified under Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A and 27, clauses (b) to (i) and (t) of subregulation (2) of Regulation 46, and Paragraphs C, D and E of Schedule V of the LODR regulations are not applicable until the company exceeds the eligibility criteria.
This exemption status confirms that B.P. Capital Limited is not required to submit the Corporate Governance Report for the quarter ended June 30, 2026. The assessment was supported by a certificate issued by the Statutory Auditor confirming the paid-up equity share capital and net worth figures for the last three consecutive financial years.
SASKEN Stock Price Movement
Shares of Sasken Technologies Limited slipped today, shedding 2.13% to settle at ₹2051.6 in post-market trading. The stock recorded a traded volume of 31,663 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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