non applicability letter with respect to regulation 24(A) is attached for the quarter ended 31st march 2026 is attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Coral Newsprints Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for Q4 FY26. The company claims 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. The company's paid-up equity share capital stands at Rs. 50,527,000 (Rs. 5.05 Crores), which is within the threshold. However, the company reports a negative net worth of Rs. (14,40,16,651) as of March 31, 2026, indicating significant financial distress.
This filing reveals that Coral Newsprints has negative net worth, suggesting the company may be financially stressed. The exemption from secretarial compliance is not a positive development for shareholders as it indicates the company falls below regulatory thresholds.