NON APPLICABILITY OF REGULATION 24(A) OF SEBI (LODR) REGULATION, 2015 ON ANNUAL SECRETARIAL COMPLIANCE REPORT.
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Ghushine Fintrrade Ocean Ltd has informed BSE that Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company for the financial year ended 31 March 2025. Under Regulation 15(2), the Annual Secretarial Compliance Report requirement is exempt for companies whose paid-up equity capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore, or which are listed on the SME platform. The company confirms it falls within this exemption scope and therefore is not required to submit the report. The letter is dated 23 April 2025 and signed by Alok Bhopalsingh Jain, Managing Director cum CFO.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap/SME entity exempt from filing an Annual Secretarial Compliance Report.