The Listed entity (Indo Cotspin Limited) is claiming exemption under Regulation 15(2) of the chapter IV of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015 as the ....
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Indo Cotspin Limited has informed the BSE that it is claiming exemption from submitting the Annual Secretarial Compliance Report for the financial year ended 31 March 2026. The company states its paid-up equity share capital is approximately Rs. 7.14 crore, which is below the Rs. 10 crore threshold, and its net worth is about Rs. 7.25 crore, also below the Rs. 25 crore limit. Because both figures fall under the limits specified in Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, the provisions of Regulation 24A do not apply to the company. The letter has been signed by Raj Pal Aggarwal, Whole Time Director. This is a routine procedural filing with the exchange.
This is a routine compliance exemption notification and is not expected to have any direct impact on the stock price or shareholders. It simply confirms the company is too small to be required to file the annual secretarial compliance report, meaning reduced regulatory compliance burden and lower costs.