BSEMargo Finance LtdMinimalNeutral
Announced Wed, 27 May · 18:06 IST

This is to inform that Annual Secretarial Compliance Report under Reg 24(A) of SEBI (LODR) Regulations 2015 is not applicable to the Company since the paid up equity share capital is not ....

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AI summary

Margo Finance Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations 2015. The company qualifies for exemption under Regulation 15(2), which applies to listed entities with paid-up equity share capital not exceeding Rs. 10 Crores and net worth not exceeding Rs. 25 Crores. As of 31 March 2025, the company's paid-up equity share capital stands at Rs. 4.57 Crores and net worth at Rs. 11.03 Crores, both well below the thresholds. A certificate from Company Secretaries Ashu Gupta & Co confirms this exemption status for FY 2025-26.

Likely market impact

No material impact on shareholders. This is a routine regulatory disclosure confirming the company's exemption from certain corporate governance reporting requirements due to its small size. The stock remains listed and the company continues to comply with all applicable regulations.