Non-Applicability of Annual Secretarial Compliance Report under Regulation 24(A) of SEBI (LODR) Regulations, 2015
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Asia Pack Ltd has informed BSE that it is exempt from filing the Annual Secretarial Compliance Report for FY ended 31 March 2025. Under SEBI's Regulation 15(2), companies with paid-up equity capital of Rs. 10 crore or less and net worth of Rs. 25 crore or less are exempted from certain corporate governance requirements, including Regulation 24A. The company's paid-up capital stands at Rs. 2.73 crore and net worth at Rs. 8.04 crore as on 31 March 2024, placing it well within the exemption threshold. The company has requested BSE to take the filing on record and notify its members.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms that Asia Pack, being a small-cap company, qualifies for reduced regulatory compliance obligations under SEBI listing rules.