non applicability of annual compliance secretarial
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mitshi India Ltd (formerly Dera Paints & Chemical Ltd) has informed BSE that the Annual Secretarial Compliance Report does not apply to it for the financial year ended 31 March 2025. The company states its paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on the last day of FY25. On this basis, it is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which means Regulation 24A (Annual Secretarial Compliance Report) is not applicable. A certificate confirming this has been issued by practising Company Secretary CS Megha Samdani of M K Samdani & Co. (UDIN: A041630G000507854, dated 30 May 2025). The filing was made by Umesh Jayantilal Mistry, Company Secretary & Compliance Officer of Mitshi India Ltd.
This is a routine regulatory disclosure with no material impact on shareholders or stock price. It simply confirms the company qualifies as a small-cap entity and is exempt from filing the Annual Secretarial Compliance Report, reducing its compliance burden.