BSELWS Knitwear LtdMinimalNeutral
Announced Thu, 29 May · 22:37 IST

It is hereby informed that the provisions of Annual Secretarial Compliance Report are not applicable to the Company

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LWS Knitwear Ltd has informed BSE that the requirement to file an Annual Secretarial Compliance Report does not apply to the company for the financial year 2024-25. The company qualifies for an exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, because its paid-up equity share capital is around Rs. 5.06 crore (below the Rs. 10 crore limit) and its net worth is around Rs. 12.18 crore (below the Rs. 25 crore limit). As a result, several corporate governance regulations — including Regulations 17, 18, 19, 20–27 and the ASCR under Regulation 24A — are not applicable to the company for FY 2024-25. These figures are drawn from the last audited balance sheet for the year ended 31 March 2024. The filing was signed by Managing Director Girish Kapoor on 29 May 2025.

Likely market impact

This is a routine, small-cap regulatory disclosure and has no impact on the company's business, financials, or shareholders. It simply confirms that LWS Knitwear is below the size thresholds that would trigger mandatory corporate governance and secretarial compliance filings.