Please find the attached Non Applicability Certificate for Reg 24(A)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Callista Industries Ltd has informed the BSE that it is not required to file the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Regulations for the financial year ended 31 March 2025. As per Regulation 15(2), this exemption applies to companies whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. The company's paid-up equity share capital stood at Rs. 3.05 crore and its net worth was negative at Rs. (14.62 lakhs) as on 31 March 2024, putting it well within the exemption threshold. The company has stated that it will comply with the regulation within six months if and when the thresholds are crossed in the future.
This is a routine regulatory exemption filing with no direct material impact on shareholders. However, the negative net worth figure is a point of concern that existing and potential investors should note, as it reflects weak financial standing despite the company remaining below the compliance threshold.