Submission of Non-applicability of Annual Secretarial Compliance Report for the F.Y. 2024-25
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Awaiting price reaction for this filing.
CDG Petchem Ltd (formerly Urbaknitt Fabs Limited) has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI LODR Regulations, 2015, which exempts small listed entities from corporate governance provisions. As on March 31, 2024, the company's paid-up equity share capital stood at ₹3.08 crore and its net worth was just ₹85.12 lakh — both well below the exemption thresholds of ₹10 crore and ₹25 crore respectively. The filing was signed by Managing Director Manoj Kumar Dugar on May 27, 2025. This is a routine procedural disclosure confirming the company's small-cap status.
This is a routine compliance filing with no direct impact on stock price or shareholder value. However, the very low paid-up capital (₹3.08 crore) and tiny net worth (₹85 lakh) confirm this is a micro-cap company with limited scale, which investors should weigh in any investment decision.