Declaration of non applicability of Req 24 (A) _ annual secretarial compliance report.
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Awaiting price reaction for this filing.
Gajanan Securities Services Ltd has informed the stock exchanges that the Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI's Listing Obligations regulations does not apply to the company. The exemption is claimed under Regulation 15(2), which excuses companies with paid-up equity share capital below Rs. 10 crore and net worth below Rs. 25 crore. Since the company falls within these thresholds, it is not required to file the secretarial compliance report for the financial year ended March 31, 2025. The filing was made to BSE and the Calcutta Stock Exchange on May 30, 2025.
This is a routine regulatory clarification with no material impact on shareholders or the stock price. It simply confirms the company qualifies as a small entity exempt from an additional compliance filing, and investors should note the company's small size (sub-Rs 10 crore capital, sub-Rs 25 crore net worth).