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Awaiting price reaction for this filing.
Franklin Industries Ltd has informed the stock exchanges (BSE and Calcutta Stock Exchange) that the Annual Secretarial Compliance Report under SEBI's Regulation 24A does not apply to the company for the financial year ended 31st March 2025. This exemption is available to listed companies whose paid-up equity share capital is not more than Rs. 10 crore AND whose net worth is not more than Rs. 25 crore as on the last day of the previous financial year. The company qualifies under these thresholds, meaning it is too small to be required to file this report. The letter is signed by Managing Director Maheshkumar Jethabhai Patel.
This is a routine compliance filing and has no direct impact on shareholders or stock price. It simply confirms the company is below the SEBI-mandated size thresholds and is therefore exempt from submitting an additional annual secretarial compliance report for FY25.