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Awaiting price reaction for this filing.
Amerise Biosciences Ltd (formerly Amradeep Industries Limited) has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company. The company is claiming exemption under Regulation 15(2) of SEBI LODR Regulations 2015, as its paid-up equity share capital does not exceed Rs. 10 Crores and its net worth does not exceed Rs. 25 Crores as on the last day of the previous financial year. This is a routine filing confirming that the company falls below the thresholds that trigger this compliance requirement.
No material impact on shareholders or stock price. This is a routine disclosure confirming the company's small-cap status and its exemption from an additional SEBI compliance filing, which actually means lower regulatory burden for the company.