Non Applicability of Annual Secretarial Compliance Report for the year ended March 31, 2025.
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Continental Securities Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The exemption is under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR), which applies to listed companies whose paid-up capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on March 31, 2025. The company confirmed that it falls within these thresholds and is therefore exempt from the compliance requirement under Regulation 24A of SEBI LODR. The company has stated it will comply with this regulation within 6 months from the date it becomes applicable (i.e., once it crosses the size thresholds).
This is a routine compliance disclosure with no material impact on the stock price or shareholders. It simply confirms the company qualifies as a small listed entity and is exempt from a specific corporate governance filing requirement.