ABMINTLLTD: ABM International Limited has informed the Exchange regarding ''.Dear Sir, This is to inform you that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to our Company as the company is claiming exemption under Regulation 15(2) of the SEBI (LODR) Regulations, 2015 by which corporate governance provisions as specified in Regulations 17 to 27 and clauses (b) to (i) of Sub-regulation (2) of Regulation 46 and Para C, D and E of Schedule V shall not apply in respect of the listed entity having paid up equity share capital not exceeding rupees ten crores and net worth not exceeding rupees twenty-five crores, as on the last day of the previous financial year.
ABMINTLLTD · price
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ABM International Limited has informed the NSE that filing the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the company. The company is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, which applies to listed entities whose paid-up equity share capital does not exceed Rs. 10 crores and net worth does not exceed Rs. 25 crores as on the last day of the previous financial year. This indicates the company falls well below these thresholds. The exemption also covers corporate governance provisions under Regulations 17 to 27 and related clauses.
This is a routine compliance disclosure with no direct material impact on shareholders or stock price. However, it reveals that ABM International is a very small listed entity (paid-up capital under Rs. 10 crore and net worth under Rs. 25 crore), suggesting limited scale and potentially lower liquidity for investors.