Non Applicability of Regulation 24(A) of securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the year ended on 31st March 2025
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Euro Leder Fashion Ltd has informed BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015 does not apply to it for the financial year ended 31 March 2025. The company qualifies for exemption under Regulation 15(2) because its paid-up equity share capital is below ₹10 crore and net worth is below ₹25 crore as on the last day of the previous financial year. As a result, the company is not required to file the Annual Secretarial Compliance Report for FY 2024-25. Euro Leder Fashion is a Chennai-based manufacturer and exporter of genuine leather garments and leather goods (Scrip Code: 526468).
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company falls in the small-cap category and is exempt from one specific corporate governance reporting requirement.