Gujarat Poly Electronics Ltd — Important, 04-11-2025: Company Update

Gujarat Poly Electronics has clarified it is not required to submit a Related Party Statement with its financial results for the quarter and half-year. This exemption applies because its paid-up equity share capital was 8.55 Cr and net worth was 21.09 Cr, based on the last audited balance sheet. These amounts are below the thresholds of 10 Cr for paid-up capital and 25 Cr for net worth, which determine the applicability of such disclosures. This means the company is currently exempt from certain corporate governance provisions. The company has stated it will comply with these requirements if its financial metrics exceed these thresholds in the future.