Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations. 2015 (as amended) read with SEBI Circular No CIR/ CFD/CMD1/27/2019 dated 8th February, ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GSB Finance Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the company for FY ended 31 March 2025. The company is claiming exemption under Regulation 15(2)(a) of SEBI (LODR) Regulations, which exempts listed entities whose paid-up capital does not exceed Rs. 10 Crores and net worth does not exceed Rs. 25 Crores as on the last day of the previous financial year. The letter was signed by Managing Director Ramakant Sagarmal Biyani on 10 May 2025. BSE Code: 511543.
This is a routine compliance communication confirming that GSB Finance qualifies as a small-cap listed entity and is exempt from filing the Annual Secretarial Compliance Report. There is no material impact on shareholders or the stock price, though it indirectly confirms the company remains small with paid-up capital under Rs. 10 Crores and net worth under Rs. 25 Crores.