Claim of exemption under regulation 15(2) of SEBI 2015, and regulation 24(A) of SEB , 2018 not applcable
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Hipolin Ltd has informed BSE that it qualifies for exemption from filing the Annual Secretarial Compliance Report under SEBI (LODR) Regulations. The company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on 31 March 2025. On this basis, it is invoking Regulation 15(2) of the SEBI (LODR) Regulations, 2015, which makes Regulation 24A (Annual Secretarial Compliance Report) not applicable to it. A certificate from practicing Company Secretary M K Samdani & Co. has been attached to support this claim.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that Hipolin Ltd is a small-cap company and is exempt from one specific SEBI disclosure requirement for FY25.