This is to inform you that Annual Secretarial Compliance Report under Reg. 24A of SEBI (LODR) Regulations, 2018 read with BSE Circular dated 09th May, 2019 is not applicable to our Company.
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Kuwer Industries Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company for the year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015. This exemption applies because the company's paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. As a result, the Corporate Governance provisions do not apply, and the company is not required to submit the Annual Secretarial Compliance Report. The communication was signed by Ayush Garg, Company Secretary & Compliance Officer, on May 29, 2025.
This is a routine compliance filing and is not expected to impact the stock price. It signals that Kuwer Industries is a small-cap listed entity (equity capital under Rs. 10 crore and net worth under Rs. 25 crore), which means it has lighter regulatory compliance requirements compared to larger listed companies.