Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015.
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Incon Engineers Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) because its paid-up equity share capital does not exceed Rs. 10 Crores and its net worth does not exceed Rs. 25 Crores as on the last day of the previous financial year. Since these thresholds are not crossed, the corporate governance regulations do not apply, and the company is not required to submit this compliance report. The filing is signed by Manoranjani Kothapalli, Company Secretary.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is a small-cap entity (paid-up capital under Rs. 10 Cr and net worth under Rs. 25 Cr) and is exempt from certain corporate governance filing requirements.