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Awaiting price reaction for this filing.
Jainco Projects (India) Ltd has submitted a declaration to BSE stating that Regulation 24A of SEBI (LODR) Regulations is not applicable to the company. The company's paid-up equity share capital is Rs. 10.00 crore and net worth is Rs. 10.66 crore as per audited financials for FY ending March 31, 2025. Both figures fall below the threshold specified under Regulation 15(2) of the Listing Regulations. Consequently, the company is exempt from several corporate governance norms (Regulations 17-27), related disclosure requirements under Regulation 46, and the Annual Secretarial Compliance Report for FY 2025. The filing is dated October 21, 2025 and signed by Director Sumit Bhansali.
This is a routine compliance filing with no material impact on shareholders or the stock price. It merely confirms the company's small size qualifies it for exemption from certain SEBI corporate governance and secretarial audit requirements.