Non-Applicability of Annual Secretarial Compliance Report for the year ended March 31, 2025
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Adline Chem Lab Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. Under SEBI LODR Regulation 15(2), companies whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore are exempt from certain corporate governance provisions, including Regulation 24A. The company qualifies for this exemption with a paid-up share capital of Rs. 5.85 crore and a negative net worth of Rs. 1.71 crore as on March 31, 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company meets the size criteria for an exemption from filing the annual secretarial compliance report.