This is to inform that Annual Secretarial Compliance Report as per Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the Company
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Margo Finance Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company for FY 2024-25. The company qualifies for exemption under Regulation 15(2) because its paid-up equity share capital stood at Rs. 4.57 crore and net worth at Rs. 8.14 crore as on 31st March 2024, both below the SEBI thresholds of Rs. 10 crore and Rs. 25 crore respectively. A certificate from Ashu Gupta & Co., Company Secretaries, dated 30th May 2025, has been attached confirming the exemption. This means the company is not required to file a separate secretarial compliance report for the year ended 31st March 2025.
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 and its exemption from a specific corporate governance reporting requirement.