please find attached declaration about non applicability of Regulation 24(A) for year ended March 31, 2025
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Chemiesynth (Vapi) Ltd has informed the Bombay Stock Exchange that Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 does not apply to the company for the financial year ended March 31, 2025. This regulation normally requires listed companies to submit a Secretarial Compliance Report within 60 days of the end of each financial year. However, under Regulation 15(2), companies with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt. The company's paid-up equity share capital is Rs. 3.07 crore and its net worth is below Rs. 25 crore, making it eligible for the exemption. Accordingly, the company is not required to submit the Secretarial Compliance Report for FY25. The declaration has been signed by Pranali Dholabhai, Company Secretary and Compliance Officer, dated April 15, 2025.
This is a routine compliance declaration with no material impact on shareholders. It simply confirms that the company qualifies as a small-cap listed entity and is therefore exempt from filing a Secretarial Compliance Report for FY25.