In accordance with the Regulations 24A of the SEBI (Listing Obligations And Disclosure Requirement)Regulation, 2015 , which pretains to the requirement for the annual secretarial compliance ....
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Fruition Venture Limited has informed the Bombay Stock Exchange that the annual secretarial compliance report requirement under SEBI's Regulation 24A does not apply to it for the financial year ending March 2025. Under Regulation 15(2) of SEBI LODR, this rule applies only to listed companies with paid-up share capital of ₹10 crores or more and a net worth of ₹25 crores or more. The company's net worth is below ₹25 crores based on its latest audited financial statements, placing it below the threshold. Therefore, the company is exempt from filing this compliance report for the current year.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company is too small to be subject to a specific compliance filing requirement, which is normal for small-cap listed entities.