Pursuant to Regulation 15(2)(a) of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 ("Listing Regulations"), the compliance with the provisions of Regulation 24A ....
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Alan Scott Enterprises Ltd has informed BSE that Regulation 24A of SEBI Listing Regulations, which requires filing of an Annual Secretarial Compliance Report, does not apply to the company for FY ended March 31, 2025. Under Regulation 15(2)(a), listed entities with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt from this requirement. The company confirms it qualifies for this exemption based on its size thresholds as of March 31, 2025. The communication was signed by Managing Director Sureshkumar Jain and is a routine compliance declaration with no operational or financial disclosures.
No material impact on shareholders or stock price. This is a routine regulatory disclosure confirming the company is a small-cap listed entity (paid-up capital ≤ Rs. 10 crore, net worth ≤ Rs. 25 crore), and is therefore exempt from filing an annual secretarial compliance report. Investors may note the small size of the company, which could mean lower trading liquidity and limited analyst coverage.