Non-applicability certificate for the year ended on 31st March 2025 is attached herewith.
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Lime Chemicals Ltd has informed BSE that it is exempt from filing the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations for FY25. The exemption applies because the company's paid-up equity share capital (Rs. 6.50 crore) is below Rs. 10 crore and its net worth (Rs. 1.73 crore) is below Rs. 25 crore, as on 31 March 2025, meeting the criteria under Regulation 15(2)(a). As a result, several corporate governance regulations (17 to 27, plus select clauses of regulation 46 and Schedule V) do not apply to the company for this financial year. The company has stated it will file the report in future if it crosses the exempted thresholds. The filing is signed by Managing Director Ahmed H. Dawoodani.
This is a routine regulatory disclosure and does not directly affect stock price or shareholder value. However, it confirms that Lime Chemicals is a small-cap entity with paid-up capital of Rs. 6.50 crore and negative reserves of Rs. 4.76 crore (net worth only Rs. 1.73 crore), indicating the company has accumulated past losses and operates well below the size thresholds for stricter corporate governance norms.