This is to inform you that Annual Secretarial Compliance Report under Regulation 24A of SEBI ( Listing Obligations and Disclosure Requirement), (Amendment) Regulation, 2018 read with BSE ....
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Classic Electricals Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI's Regulation 24A does not apply to the company for the financial year ended 31st March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This exemption applies to listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore. Based on audited financials as of 31st March 2024, the company reports a paid-up capital of Rs. 1.49 crore and a net worth of Rs. 11.84 crore, both within the exemption thresholds. The letter is signed by Managing Director Rajesh Hirji Shah.
This is a routine regulatory compliance communication with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status qualifies it for reduced disclosure obligations under SEBI rules.