This is to inform you that Annual Secretarial Compliance Report under Regulation 24 (A) of SEBI (LODR), 2015 is not applicable to our company.
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MFS Intercorp Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company. 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 Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. Because of this small-cap status, the company is not required to comply with several corporate governance provisions including regulations 17 to 27 and clause (b) to (i) of sub-regulation 2 of regulation 46. The letter was signed by Director Kiran Vishwakarma on 8 May 2025.
This is a routine compliance clarification with no material impact on shareholders or stock price. It simply confirms the company falls below the SEBI thresholds that would trigger mandatory corporate governance and secretarial compliance reporting, which is typical for very small listed entities.