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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Magnus Steel and Infra Ltd has submitted a certificate to BSE stating that it is not required to file the Annual Secretarial Compliance Report for the financial year ending 31 March 2025. The exemption is claimed under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. Under this rule, companies whose paid-up equity share capital does not exceed Rs 10 crore and whose net worth does not exceed Rs 25 crore as on the last day of the previous financial year are exempt from various corporate governance provisions, including Regulation 24A which governs the Annual Secretarial Compliance Report. The certificate was signed by Managing Director Karronn Bajaj on 23 May 2025.
This is a routine regulatory filing and does not carry any direct positive or negative implication for shareholders or the stock price. However, it indirectly signals that the company is small-cap in size, with both paid-up equity capital below Rs 10 crore and net worth below Rs 25 crore.