non applicability letter attached for quarter ended 30th september 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Coral Newsprints Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI regulations does not apply to it for the quarter ended September 30, 2025. The company is claiming exemption under Regulation 15(2) of SEBI LODR Regulations, 2015, which applies to listed entities with paid-up equity capital not exceeding Rs. 10 Crores and net worth not exceeding Rs. 25 Crores. Its paid-up equity share capital is around Rs. 5.05 Crores as on March 31, 2025. Importantly, the company has disclosed a negative net worth of approximately negative Rs. 71.25 lakhs as on the same date, meaning its liabilities exceed its assets. The filing itself is a routine regulatory disclosure confirming the exemption applies.
This is largely a procedural compliance filing, but the disclosed negative net worth is a red flag for shareholders, suggesting the company may be in financial distress. Investors should treat this as a caution signal and review the company's overall financial health before making investment decisions.