In Reference to the Captioned subject, this is to appraise you that Regulation 24A of SEBI(Listing Obligation and Disclosure Requirements)(Amendment) Regulation,2018,Is not applicable to ....
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Awaiting price reaction for this filing.
Alfavision Overseas India Ltd has informed the BSE that SEBI's Regulation 24A does not apply to the company. This regulation deals with the submission of the Annual Secretarial Compliance Report. The exemption applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on the last day of the previous financial year. Based on this and relevant BSE circulars, the company is exempted from filing the Annual Secretarial Compliance Report. The letter is signed by Devi Dayal, Company Secretary and Compliance Officer, dated April 30, 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status, as both its share capital and net worth fall below SEBI's prescribed thresholds for mandatory secretarial compliance reporting.