Non Applicability of Annual Secretarial Compliance Report for the year ended 31.03.2025
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Devinsu Trading Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company is claiming exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This exemption applies because the company's paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. The Annual Secretarial Compliance Report is otherwise mandated under Regulation 24A of the SEBI LODR (Amendment) Regulations, 2018.
This is a routine regulatory clarification with no material impact on the stock price. It does, however, signal that Devinsu Trading is a very small listed entity by capital and net worth standards, which may limit its visibility and institutional appeal.