In order to comply rith regulation 24(A) of SEBI LODR regulations, 2015 the paid-up equity share capital and networth of the company does exceed the the threshold given under regulation. ....
Awaiting price reaction for this filing.
Minolta Finance Ltd has submitted a declaration to BSE stating that Regulation 24A of SEBI LODR Regulations, 2015 is not applicable to the company. As on 31st March 2024, the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore. Since both thresholds are not exceeded, the company is exempt from submitting the Annual Secretarial Compliance Report. The filing has been signed by the Compliance Officer, Shefali Gupta, dated 26 May 2025.
This is a routine compliance disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is a small-cap entity below SEBI's prescribed thresholds and therefore not required to file the Annual Secretarial Compliance Report.