BSEGagan Gases LtdMinimalNeutral
Announced Mon, 6 Apr · 17:08 IST

We are enclosing certificate regarding non applicability of Regulation 24(A) on our company.

Price

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Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹20.51
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-14.2-18.5-22.5-18.8-30.2-31.7-38.1+3.8-0.6
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AI summary

Gagan Gases Ltd has informed BSE that it is not required to submit an Annual Secretarial Compliance Report under Regulation 24(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations. The company claims exemption under Regulation 15(2), which applies to listed entities with paid-up equity share capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores. The company states it qualifies for this exemption as a small listed entity. This is a routine regulatory compliance filing and does not involve any financial or operational changes.

Likely market impact

No direct impact on shareholders. This filing simply confirms that the company qualifies as a small entity under regulatory thresholds and is exempt from certain disclosure requirements. The stock remains unaffected by this procedural notification.