Eurotex Industries Files SEBI Compliance Statement, Reports Negative Net Worth of ₹2946.73 Lacs
Eurotex Industries and Exports Limited filed its SEBI Regulation 32 compliance statement for FY2026, confirming no material deviations as no rights or preferential issues were undertaken. The company's net worth certificate shows deteriorating finances with negative net worth of ₹2946.73 lacs as of March 2025, worsening from ₹2026.77 lacs in 2023. Paid-up capital remained stable at ₹874.02 lacs throughout the period, while reserves and surplus deficit expanded to ₹3820.75 lacs by March 2025.

*this image is generated using AI for illustrative purposes only.
Eurotex Industries & Exports Limited has submitted its regulatory compliance statement to stock exchanges, confirming no material deviations under SEBI regulations for the financial year ended March 31, 2026. The Mumbai-based company filed the mandatory disclosure while also revealing its financial position through a net worth certificate covering the period from 2023 to 2025.
SEBI Regulation 32 Compliance
The company informed both BSE and NSE that Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable as there were no rights issues or preferential issues during the year. Chairman and Managing Director Krishan Kumar Patodia signed the compliance statement dated April 9, 2026, confirming no material deviations for the quarter and year ended March 31, 2026.
Financial Position Analysis
The net worth certificate issued by Shankarlal Jain & Associates LLP reveals a concerning financial trajectory for Eurotex Industries. The company's financial metrics show consistent deterioration over the three-year period:
| Financial Metrics | March 31, 2025 | March 31, 2024 | March 31, 2023 |
|---|---|---|---|
| Paid Up Capital (₹ lacs) | 874.02 | 874.02 | 874.02 |
| Net Worth (₹ lacs) | (2946.73) | (2716.45) | (2026.77) |
| Reserves & Surplus (₹ lacs) | (3820.75) | (3590.47) | (2900.79) |
Net Worth Computation Details
The net worth calculation shows the company's equity share capital of ₹874.02 lacs has remained constant across all three years. However, the negative reserves and surplus have expanded significantly, reaching ₹3820.75 lacs as of March 31, 2025. This represents a substantial increase from ₹2900.79 lacs in March 2023, indicating accumulated losses over the period.
Regulatory Framework
SEBI Regulation 32 requires listed companies to disclose any deviations in the use of funds raised through public issues. Since Eurotex Industries did not undertake any rights issues or preferential issues during the financial year 2025-26, the regulation was deemed non-applicable. The company maintains its listing on both BSE (Stock Code: 521014) and NSE (Stock Code: EUROTEXIND).
Professional Certification
The net worth certificate was prepared by Shankarlal Jain & Associates LLP, Chartered Accountants, based on audited accounts for the relevant financial years. Partner Satish Jain certified the computation on June 6, 2025, confirming the accuracy of the financial data presented. The certificate provides transparency regarding the company's capital structure and financial standing for stakeholders and regulatory compliance purposes.
Historical Stock Returns for Eurotex Industries & Exports
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.36% | +1.63% | +4.56% | -3.64% | -8.21% | +88.36% |
What strategic measures is Eurotex Industries planning to implement to reverse its deteriorating net worth and accumulated losses exceeding ₹3800 lacs?
Will the company's negative net worth trigger any regulatory actions from SEBI or stock exchanges regarding its continued listing status?
How might Eurotex Industries raise capital for business turnaround given its poor financial position and likely challenges in attracting investors?





























