Furnishing of Certificate of Non Applicability of Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations 2015 for the Financial Year Ended 31st March 2025
Awaiting price reaction for this filing.
Mipco Seamless Rings (Gujarat) Limited has submitted a Certificate of Non-Applicability of the Secretarial Compliance Report to BSE for the financial year ended 31st March 2025. The company states that its paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. Under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations 2015, companies below these size thresholds are exempt from the corporate governance provisions covered by Regulation 24A. The certificate has been signed by Vikky Jain, Additional Director (Whole-Time Director), and filed with BSE on 28th May 2025. This is a routine compliance disclosure confirming the company's small-cap status.
No material impact on shareholders or stock price. This is a routine regulatory filing confirming the company qualifies for exemption from certain corporate governance compliance requirements due to its small size (paid-up capital ≤ Rs. 10 crore and net worth ≤ Rs. 25 crore).