Certificate of Non Applicability of Annual Secretarial Compliance Report as per Regulation 24A of SEBI (LODR) Regulations 2015 for the financial year ended 31st March 2025
Awaiting price reaction for this filing.
Golden Carpets Ltd has submitted a certificate to BSE confirming that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the company for the financial year ended 31 March 2025. Under Regulation 15(2) of SEBI LODR, companies with paid-up equity share capital of Rs. 10 Crore or less AND net worth of Rs. 25 Crore or less are exempt from several corporate governance requirements, including the Secretarial Compliance Report. Golden Carpets states that both its paid-up equity capital and net worth fall below these thresholds as on the last day of the previous financial year. The filing has been signed by Srikrishna Naik, Managing Director (DIN: 01730236), from Hyderabad on 28 May 2025.
This is a routine procedural compliance filing and is not expected to affect the stock price or shareholder value. However, it indirectly confirms that Golden Carpets is a small-cap listed entity with paid-up capital under Rs. 10 Crore and net worth under Rs. 25 Crore.