Please find enclosed herewith non-applicability of regulation24A of SEBI (LODR) Regulation, 2015 for the year ended 31st March, 2025
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Elango Industries Ltd has informed BSE that Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 does not apply to the company for the financial year ended 31st March, 2025. Under Regulation 15(2), companies whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore are exempt from this regulation. The company confirms it falls within this exempt category on both counts. As a result, Elango Industries is not required to submit the Annual Secretarial Compliance Report for FY25. The letter is signed by Nitesh Kumar Sharma, Company Secretary, and dated 23rd May 2025.
This is a routine regulatory disclosure and has no material impact on shareholders or the stock price. It simply confirms the company's small-cap status (under Rs. 10 crore paid-up capital and Rs. 25 crore net worth), meaning it is exempt from one of SEBI's corporate governance reporting requirements.