Dear Sir, We are enclosing non applicability certificate.
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Aveer Foods Ltd has submitted a non-applicability certificate to BSE, stating that the Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations does not apply to it for FY 2024-25. The company cited that its net worth stands at Rs. 1.64 crore and paid-up equity share capital at Rs. 4.03 crore, both falling below the thresholds specified under Regulation 15(2) of SEBI LODR. As a result, various corporate governance provisions (Regulations 17 to 27 and related clauses) are not applicable to the company. The certificate was signed by the Company Secretary, Tejashree Wagholikar, on 5 May 2025. This is a routine regulatory disclosure with no financial impact.
No material impact on shareholders or stock price. This is a routine compliance filing confirming the company's small-cap status (low net worth and equity capital), which exempts it from certain corporate governance and secretarial compliance requirements applicable to larger listed entities.