Margo Finance exempt from related party disclosures for FY26
Margo Finance Limited has informed BSE that it is exempt from disclosing related party transactions for FY26 due to its paid-up capital and net worth falling below SEBI-mandated thresholds. A net worth certificate confirms the company's net worth was ₹11.03 crore and capital ₹4.57 crore as of March 31, 2025.

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Margo Finance Limited is exempt from disclosing related party transactions for the financial year ended March 31, 2026, as its financial metrics remain below the thresholds specified by the market regulator. The company informed BSE Limited that Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, does not apply to it. This exemption is claimed under Regulation 15(2) of the Listing Regulations, which provides relief from corporate governance provisions for listed entities with smaller capital bases.
The disclosure confirms that as of March 31, 2025, the paid-up equity share capital of Margo Finance Limited stood at ₹4.57 crore, while its net worth was ₹11.03 crore. These figures are significantly lower than the regulatory limits of ₹10 crore for paid-up equity share capital and ₹25 crore for net worth. Since the company does not exceed these limits on the last day of the previous financial year, the requirements for related party transaction disclosures are not triggered.
Net Worth Certification
A net worth certificate issued by AVK & Associates, Chartered Accountants, validates the company's financial position for the preceding three financial years. The certification, based on audited financial statements, details the components contributing to the total net worth. The figures exclude Other Comprehensive Income, as it is not created out of profit and therefore not considered in the net worth calculation.
Net Worth Breakdown (Amount in Lacs)
| Particulars | FY 24-25 | FY 23-24 | FY 22-23 |
|---|---|---|---|
| Equity Share Capital | 457.00 | 457.00 | 457.00 |
| General Reserve | 12.49 | 12.49 | 12.49 |
| Special Reserve | 159.38 | 101.58 | 80.87 |
| Retained Earnings | 440.08 | 208.88 | 126.02 |
| Share Warrant Option Premium | 33.80 | 33.80 | 33.80 |
| Total Net worth | 1102.75 | 813.75 | 710.18 |
The certificate, signed by Partner Kamal Garg on July 31, 2025, confirms that the total net worth for FY 24-25 was ₹1102.75 lakh, equivalent to ₹11.03 crore. This figure aligns with the company's declaration to the stock exchange. The steady growth in retained earnings and special reserves over the three-year period contributed to the increase in net worth from ₹710.18 lakh in FY 22-23.
Historical Stock Returns for Margo Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.68% | -1.67% | -12.10% | -18.92% | -23.96% | +524.10% |
At what rate of growth will Margo Finance's net worth approach the ₹25 crore threshold, potentially triggering mandatory disclosures?
How might the exemption from related party transaction disclosures impact investor confidence and corporate governance perceptions?
What strategic initiatives are driving the steady increase in retained earnings and special reserves over the past three years?





























