Non-Applicability of Regulation 24A of SEBI LODR - Annual Secretarial Compliance Report
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Contil India Ltd has informed BSE that Regulation 24A of SEBI LODR does not apply to the company, and it is therefore not required to file the Annual Secretarial Compliance Report or get an Annual Secretarial Audit Report for any material subsidiary. The company states that as of 31 March 2025, its paid-up equity share capital is Rs. 3.09 crore and its net worth is Rs. 11.51 crore, both falling below the thresholds that trigger this compliance requirement. It also confirmed that it does not have any material subsidiary as defined under SEBI LODR. The disclosure is filed in line with BSE's April 2024 master circular on this exemption.
This is a routine procedural filing and has no material impact on shareholders or the stock price. It simply confirms that Contil India is a small-cap company exempt from certain corporate governance compliance obligations applicable to larger listed entities.