CERTIFICATE OF NON APPLICABILITY OF ANNUAL SECRETARIAL COMPLIANCE FOR THE FY 2024-25
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Duke Offshore Limited has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A does not apply to the company for the financial year ending 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 is available to listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. Duke Offshore's paid-up equity share capital stands at Rs. 9.86 crore and its net worth is below Rs. 25 crore as on 31 March 2025, making it eligible for this exemption. Consequently, the company is not required to submit the Annual Secretarial Compliance Report to the stock exchange for FY 2024-25.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms that the company, being a small-cap entity, qualifies for reduced corporate governance reporting obligations under SEBI rules.