This is to inform you that Annual Secretarial Compliance report under Reg 24A of SEBI (LODR) Regulations, 2015 read with BSE Circulars issued from time to time is not applicable to companies ....
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Vagbani Techno-Build Limited (Script Code: 531676) has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to it for the year ended 31st March 2025. The company claims exemption under Regulation 15(2) because its paid-up equity share capital stands at Rs. 5.22 crores, which is below the Rs. 10 crore threshold. Its net worth is Rs. 7.16 crores as on 31st March 2024, also below the Rs. 25 crore limit. Because both criteria are met, the company is exempt from certain corporate governance compliance provisions including the submission of the Annual Secretarial Compliance Report. This is a routine procedural intimation and not a material business event.
No impact on shareholders or stock price. This is a standard compliance filing confirming the company qualifies for a small-cap exemption from certain SEBI corporate governance reporting requirements.