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Awaiting price reaction for this filing.
Dynavision Limited has informed BSE that the Annual Secretarial Compliance Report is not applicable to it for the financial year 2024-2025. Under SEBI's Listing Regulations, this report is required only if a listed company has both paid-up equity share capital exceeding Rs. 10 crore and net worth exceeding Rs. 25 crore as on the last day of the previous financial year. As on March 31, 2024, the company did not meet these thresholds, so the regulation does not apply. The company's Board, at its meeting on May 20, 2025, approved audited financial statements showing paid-up equity capital of Rs. 3.84 crore and net worth of Rs. 25.45 crore as on March 31, 2025. The company says it is in the process of appointing a peer-reviewed Company Secretary in practice for the next financial year.
This is a routine procedural filing with no material impact on shareholders or stock price. It simply confirms that Dynavision, being a small-cap company with limited paid-up capital, is exempt from a specific corporate governance reporting requirement for the year.