NON-APPLICABILITY OF ANNUAL SECRETARIAL COMPLIANCE REPORT FOR THE YEAR ENDED 31ST MARCH, 2025 UNDER REGULATION 24A OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) (AMENDMENT) ....
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Indo Cotspin Limited has informed BSE that it is exempt from submitting the Annual Secretarial Compliance Report for the financial year ended 31 March 2025 under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements Regulations. The exemption is claimed under Regulation 15(2) because the company's paid-up equity share capital is Rs. 4.20 crore (below the Rs. 10 crore threshold) and its net worth is Rs. 6.85 crore (below the Rs. 25 crore threshold). Signed by Raj Pal Aggarwal, Whole Time Director, the filing is purely procedural and regulatory in nature.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It merely confirms that the company falls below the size thresholds required to file an Annual Secretarial Compliance Report, indicating it is a small-cap entity.