BSEBombay Wire Ropes LtdMinimalNeutral
Announced Thu, 12 Jun · 17:46 IST

In connection with the same we Declare that the Annual Secretarial Compliance Report is not applicable to the company as the Turnover and Networth is below the threshold limit.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bombay Wire Ropes Limited has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company qualifies for an exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, because its paid-up equity share capital does not exceed Rs 10 crore and its net worth does not exceed Rs 25 crore. As a small-cap listed entity falling below these thresholds, it is relieved of several corporate governance compliance requirements, including the annual secretarial compliance report. The letter was signed by the Company Secretary and Compliance Officer on 12 June 2025.

Likely market impact

This is a routine regulatory exemption filing and has no material impact on shareholders or the stock price. It simply confirms that the company is a small-cap entity below SEBI's governance thresholds, which means reduced compliance costs but may also be viewed by some investors as indicating limited scale.