Please find attached herewith the Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2018 read with BSE circular dated 9th May, 2019.
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Mahalaxmi Seamless Limited has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed entities whose paid-up equity share capital does not exceed ₹10 Crores and net worth does not exceed ₹25 Crores as on the last day of the previous financial year. This indicates that Mahalaxmi Seamless is a small-cap listed entity below the threshold required for filing this report.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status (paid-up equity capital ≤ ₹10 Cr and net worth ≤ ₹25 Cr), which means reduced compliance obligations under SEBI's listing rules.