This is to inform that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company is not required to submit "Compliance Report ....
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G S Auto International Ltd (BSE: 513059) has informed BSE that it is exempt from submitting the quarterly Corporate Governance Compliance Report under Regulation 27(2) of SEBI LODR for the quarter and financial year ended 31st March 2025. This exemption is effective from 1st April 2024 for three consecutive financial years under Regulation 15(2), because the company's paid-up equity share capital (Rs. 7.26 crore) and net worth (Rs. 20.36 crore as on 31 March 2024) are both below the SEBI thresholds of Rs. 10 crore and Rs. 25 crore respectively. A Chartered Accountant's certificate confirming these figures for FY22, FY23 and FY24 has been enclosed. The company has committed to comply within six months if these thresholds are crossed in the future.
This is a routine procedural filing and has no direct impact on the stock price or shareholder value. It simply confirms that the company is a small-cap entity below SEBI's size thresholds and therefore not required to file detailed quarterly corporate governance reports, which reduces its compliance burden somewhat.