BSECompany Update11h ago · 13 Nov 2026, 02:09 pm

Submission of Non-Applicability of Disclosure under Regulation 23(9) of the SEBI (LODR) Regulations 2015.

Virgo Polymer India Ltd · 531282

✦ AI SummaryRegulatory

Virgo Polymer India Ltd has submitted a non-applicability of disclosure under Regulation 23(9) of the SEBI (LODR) Regulations 2015, citing that the company's paid-up equity share capital and net worth are below the prescribed limits for exemption from corporate governance provisions.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Virgo Polymer India Ltd - 531282 - Non-Applicability Of Disclosure Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements ) Regulations 2015.

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‘ 4 Virgo Polymers (India) Ltd. ' IRG O A1A MMDA Indl Complex, MM Nagar, Chengalpet. Dist. - 603209. India. (P IO NL DIY AM )E LR TS TE e- lm a :i l +: 1I nf 9o 0@ 0V 3i 0r 4g 8o 8Po 2l 5y mer.Com Date: 13t November, 2026 The Compliance Department, BSE Limited, 25t Floor, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400001. Reference: Scrip Code: 531282; ISIN: INE464H01015 Subject: Non-applicability of disclosure under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Disclosure of Related Party Transactions on a consolidated basis for the half year ended September 30, 2026. Dear Sir/Ma’am, We would like to inform you that pursuant to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Compliances with the Corporate Governance provisions as specified in Regulations P1 a7 r, a1 7 G4 ,, D 1 8 a, n1 d9 , E 2 0 o, f 2 S1 c, h 2 e2 d, u l2 e3 , V2 4 s, h a2 l4 l4 , n o2 t5 , a p2 p6 l, y2 ,7 i na n rd e sc pl ea cu ts e os f ( tb h) e t o l i( si t) e a d n ed n t( it) t yo f h s au vb i- nr ge g pu al ia dt i uo pn e( q2 u) io tf y R se hg au rl eat ci ao pn i t4 a6 l a nn od t exceeding rupees ten crores and net worth not exceeding rupees twenty-five crores, as on the last day of the previous financial year. The details of paid-up equity share capital and net worth of the Company as per the last audited financial statements of the Company as on 315t March 2026 are as follows: a) Paid Up Equity Share Capital: Rs.3,40,00,000/- (Rupees Three Crore Forty Lakhs Only) b) Net Worth: Rs.22,82,69,718/- (Rupees Twenty-Two Crores Eighty-Two Lakhs Sixty-Nine Thousand Seven Hundred and Eighteen Only) Please note that the paid-up equity share capital and net worth of the Company as on 315 March, 2026 are below the prescribed limits as mentioned above as per Regulation 15 of SEBI (LODR) Regulations, 2015 for applicability of compliance of provisions of Corporate Governance. Therefore, as the Company falls in the ambit of aforesaid exemption, hence Regulation 15(2) and provisions of Regulation 23(9) of the SEBI (LODR) Regulations, 2015, as amended are not applicable to our Company. Hence, Our Company is not required to submit “Disclosure of Related Party Transactions on a consolidated basis for the half year ended September 30, 2026 as required under Regulation 23(9) of the SEBI (LODR) Regulations, 2015”. The Company also undertakes that whenever this regulation becomes applicable to our Company at a later date, the Company will comply with the requirements of the above regulations within six months from the date on which the provision becomes applicable to the Company. You are requested to take the above information in your records. Thanking You, Yours Faithfully, For Virgo Polymers India Limited Vivek Ramsisaria Managing Director DIN: 01942187 GSTIN - 33AAACV8490Q1ZL virgopolymer.com CIN No - L25200TN1985PLC011622