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Beryl Securities Ltd has submitted a Non-Applicability Certificate to BSE claiming exemption from several corporate governance regulations under Regulation 15(2) of SEBI LODR. The company's paid-up equity capital stands at Rs. 4.85 crore and net worth is Rs. 9.97 crore (as on 31 March 2025), both well below the thresholds of Rs. 10 crore (paid-up capital) and Rs. 25 crore (net worth) required to qualify for exemption. Net worth has grown steadily over the last three years from Rs. 9.55 crore in FY23 to Rs. 9.97 crore in FY25. Consequently, the company is also exempted from submitting the Annual Secretarial Compliance Report for FY 2025-2026. The certificate is signed by MD Vineet Bajpai and Company Secretary Dipika Kataria.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's small size makes it eligible for reduced compliance obligations. Investors should note the company remains small with net worth under Rs. 10 crore and modest paid-up capital.