Announced Sat, 5 Apr · 11:48 IST

Please find attached declaration about non-applicability of Regulation 24A for YE March 31, 2025

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AI summary

GCM Commodity & Derivatives Ltd has submitted a declaration to the BSE stating that Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company for the financial year ended March 31, 2025. Regulation 24A generally requires certain listed entities to obtain a secretarial compliance report from a practicing company secretary and submit it along with the annual report. The company appears to be exempt from this requirement, likely due to not meeting the specified criteria (such as paid-up capital thresholds or not falling under the categories of entities mandated to comply). This is a routine corporate disclosure filing meant to keep the exchange informed of the company's compliance position.

Likely market impact

This is a routine compliance declaration and is unlikely to have any material impact on the stock price or shareholders. Investors should note that the company is claiming exemption from secretarial audit requirements, which is a relatively common filing for smaller listed entities.