The paid-up capital of the Company is 3,30,25000 and net worth is 5,23,64,080. Therefore Company is exempted for submitting the Annual secretrial Compliance Report for the financial year ....
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AMS Polymers Ltd has informed BSE that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The exemption is claimed under Regulation 15(2) of SEBI's Listing Regulations, which applies to companies whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. As of 31 March 2025, the company's paid-up capital stands at Rs. 3.30 crore and net worth at Rs. 5.24 crore, both well below the required thresholds. The company has assured that it will comply with the regulation within 6 months if it becomes applicable in the future. This is a routine compliance-related disclosure with no impact on business operations.
This is a procedural filing with no material impact on shareholders or the stock price. It simply confirms that AMS Polymers is a small-cap company that falls below SEBI's thresholds for enhanced corporate governance reporting requirements.