As per Reg 15(2) of SEBI(LODR)Regulations, 2015, the Paid up Capital of the Company is less than Rs. 10 Crore and Networth is less than Rs. 25 Crore. Thus, Regulation 24(A) is not applicable ....
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Awaiting price reaction for this filing.
F Mec International Financial Services Ltd has informed BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements does not apply to the company. This is because the company's paid-up capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on March 31, 2025. As a result, the company is exempt from submitting the Annual Secretarial Compliance Report. The filing was signed by Managing Director Apoorve Bansal on May 28, 2025.
This is a routine compliance filing with no impact on shareholders or stock price. It simply confirms the company is too small (by capital and net worth) to be subject to certain corporate governance reporting requirements under SEBI rules.