Servoteach Industries has informed that the company’s paid-up equity share capital and net worth is not exceeding rupees ten crore and rupees twenty-five crore respectively as on the last day of the previous financial year as per Regulation 15(2) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 - compliance with the corporate governance provisions. Hence the company is exempted.
The above information is a part of company’s filings submitted to BSE.