Non-Applicability of Compliance Reg 24(A) for the Quarter ended 31.03.2025
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Awaiting price reaction for this filing.
Consecutive Commodities Ltd has informed the BSE and Calcutta Stock Exchange that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to it for the financial year ended 31 March 2025. The exemption is claimed under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which exempts listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore. The company states that both its paid-up equity capital is below Rs. 10 crore and its net worth is below the prescribed threshold. The letter was signed by Managing Director Jitendrakumar C. Leuva and submitted to both stock exchanges on 29 May 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms that the company is small enough (by capital and net worth) to be exempt from filing an Annual Secretarial Compliance Report, which is a common exemption for micro and small listed companies.