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Awaiting price reaction for this filing.
Kisaan Parivar Industries Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company for FY 2024-25. The exemption is because the company's paid-up equity share capital stood at Rs. 4.40 crore as on 31 March 2025, which is below the Rs. 10 crore threshold, and its net worth did not exceed Rs. 25 crore during the financial year. As a result, the company does not fall under the corporate governance provisions of Regulation 15(2) of SEBI (LODR) Regulations, 2015. The certificate was approved by the Board at its meeting held on 26 May 2025, and the letter was filed with BSE on 27 May 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company is a small-cap entity that qualifies for exemptions from certain corporate governance compliance requirements due to its size.