Non applicability of Annual Secretarial Compliance Report for the year ended 31st March 2025.
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J. J. Finance Corporation Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of the SEBI LODR (Amendment) Regulations, 2018 is not applicable to the company for FY 2024-25. The exemption applies under Regulation 15(2) of the SEBI LODR Regulations, 2015, which exempts listed entities from corporate governance provisions if their paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. As on 31st March 2024, the company's paid-up equity share capital was Rs. 2.82 crore and net worth was Rs. 9.60 crore, both below the prescribed thresholds. Consequently, the company is not required to submit the Annual Secretarial Compliance Report.
This is a routine compliance disclosure and has no material impact on shareholders or the stock price. It simply confirms that JJ Finance is a small-cap listed entity that falls below SEBI's thresholds for certain corporate governance reporting requirements.