Non Applicability of Reg. 24A for the Financial Year ended as on 31.03.2026
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Ardi Alliances Limited (formerly Ardi Investment and Trading Co Ltd) has informed BSE that Regulation 24A of SEBI (LODR) Regulations, 2015, is not applicable to the company for the financial year ending 31 March 2026. Regulation 24A mandates submission of a secretarial compliance report within 60 days of financial year end. However, the company qualifies for exemption under Regulation 15(2) as its paid-up equity share capital is Rs. 40 lakh (under the Rs. 10 crore threshold) and net worth does not exceed Rs. 25 crore. The company, listed on BSE with scrip code 504370, is headquartered in Ahmedabad. Director Suraj Thakor (DIN: 11551431) signed the disclosure on 13 May 2026.
The company avoids compliance costs and administrative burden associated with secretarial audits. For shareholders, this confirms the company remains small-cap compliant with SEBI exemption thresholds, with no adverse implications on operations or valuation.