Non Applicability of filing of Annual Secretarial Compliance report for FY 31/03/2025.
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Brawn Biotech Ltd has informed the BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company's paid-up share capital stood at Rs. 3.00 crore and net worth at Rs. 3.36 crore as on 31 March 2025, both of which fall below the SEBI thresholds of Rs. 10 crore (paid-up capital) and Rs. 25 crore (net worth) under Regulation 15(2) of the SEBI (LODR) Regulations, 2015. As a result, the compliance reporting requirement does not apply to the company. The company has requested BSE to take the disclosure on record.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company falls below SEBI's size thresholds and is exempt from filing the annual secretarial compliance report for FY25. Net worth has declined from Rs. 5.07 crore (FY24) to Rs. 3.36 crore (FY25), which is worth noting, though it keeps the company within the exemption category.