Annual Secretarial Compliance Report for the year ended 31st March 2025 Under Regulation 24A of the SEBI (LODR) Reg 2018 read with BSE Circular No.LIST/COMP/10/2019-20 dated 09.05.2019. ....
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Awaiting price reaction for this filing.
Dharani Finance Ltd has submitted a certificate to BSE stating that the Annual Secretarial Compliance Report under SEBI's LODR Regulations is not applicable to the company for the year ended March 31, 2025. The exemption applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore, which falls under the threshold limits specified in Regulation 15(2). These small-cap thresholds mean Dharani Finance is classified as a 'small company' for regulatory purposes and is exempt from this particular filing requirement. The communication was signed by Managing Director R. Murugavel and submitted to BSE on April 4, 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. However, it indirectly confirms that Dharani Finance remains a very small company in terms of capital base and net worth, which may be relevant for investors assessing the scale of operations.