Please find enclosed herewith the Declaration regarding the non-applicability of the Annual Secretarial Compliance report for the year ended 31-03-2026
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Easy Fincorp Ltd has informed BSE that it is exempt from submitting the Annual Secretarial Compliance Report under SEBI Regulation 24A, as it does not meet the prescribed thresholds for paid-up share capital and net worth. As of 31 March 2026, the company's paid-up equity share capital stands at ₹4,99,50,000 (approx. ₹5 crore) and net worth at ₹1,53,99,000 (approx. ₹1.54 crore). Since the secretarial compliance requirement does not apply, the company is also not required to submit a Corporate Governance Report for the same period. The company has committed to comply with these regulations within six months if they become applicable in the future.
This is a routine regulatory compliance filing confirming the company's exemption status. It carries no direct impact on the stock price, but the disclosed net worth being significantly lower than paid-up capital may signal accumulated losses that investors should be aware of.