Announced Fri, 23 May · 15:10 IST

Non Applicability of Regulation 24A as per Regulation 15 of Chapter IV of SEBI (LODR) Regulations, 2015 for the year ended March 31, 2025.

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AI summary

Ladam Affordable Housing Ltd has informed BSE that it is not required to file the annual Secretarial Compliance Report under SEBI LODR Regulation 24A for the financial year ended March 31, 2025. The company qualifies for an exemption under Regulation 15(2) because its paid-up equity share capital of about Rs. 9.15 crore is below the Rs. 10 crore threshold. Its net worth of about Rs. 22.63 crore is also below the Rs. 25 crore threshold as on the last day of the previous financial year. As a small-cap listed entity falling below both the capital and net worth limits, it is exempt from this disclosure requirement. The intimation has been signed by the Compliance Officer and Company Secretary.

Likely market impact

This is a routine procedural filing and has no material impact on shareholders or the stock price. It simply confirms regulatory relief from a specific compliance obligation due to the company's small size.