NFP Sampoorna Foods Limited Confirms Non-Applicability of Certain Corporate Governance Rules Due to SME Listing Status
NFP Sampoorna Foods Limited has confirmed that certain corporate governance provisions do not apply to the company, based on its status as a listed entity on an SME platform. The assessment relates specifically to Regulation 27 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The company's equity shares are listed on the NSE Emerge Platform. This listing status dictates that compliance with certain corporate governance provisions, including those specified in regulations 17 through 27, clauses (b) to (i), and clause (t) of sub-regulation (2) of regulation 46 and paragraphs C, D, and E of Schedule V, are not required.
The certification was issued subsequent to reviewing the audited financial statements and company records for three consecutive financial years: 2023-24, 2024-25, and 2025-26.
Financial Overview Over Three Fiscal Years
A review conducted by Sumit Bajaj & Associates confirmed that the listed entity’s paid up equity share capital did not exceed ten crore rupees, and net worth did not exceed twenty-five crore rupees as of the last day of the financial year for each of the three consecutive years.The key financial parameters are summarized below:
| Financial Year | Paid Up Capital | Net Worth |
|---|---|---|
| 2025-26 | 8,17,41,280 | 17,20,43,420 |
| 2024-25 | 6,20,00,000 | 9,05,01,421 |
| 2023-24 | 6,20,00,000 | 6,37,10,361 |
Based on these findings, the company’s compliance with specific corporate governance requirements of SEBI regulations does not apply.
Net Worth Calculation Details (2024-25)
Supporting the certification, a calculation of net worth for the financial year 2024-25 was conducted according to Section 2(57) of the Companies Act, 2013.The details of the paid up capital and reserve/surplus as per the statement of profit & loss were used in the net worth calculation:
| Particulars | Amount (2024-25) |
|---|---|
| Paid up Capital | 2,85,01,421 |
| Reserve and Surplus (in Statement of Profit & Loss) | 9,05,01,421 |
| Net Worth | 17,20,83,420 |
NFPSAMPOOR Stock Price Movement
Today, shares of NFP Sampoorna Foods Limited edged higher in the closing session, settling at ₹23.85 after gaining 4.84%. The stock concluded trading with a volume of 16,000 shares exchanged during the day.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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