Non Applicability of Annual Secretarial Compliance Report for the year ended 31.03.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
MPF Systems Ltd has informed the BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, because its paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. As a result, certain corporate governance compliance requirements, including the annual secretarial compliance report, do not apply to it. The filing was signed by Managing Director Piyush Mansukhbhai Savalia on 12 April 2025.
This is a routine compliance filing confirming the company qualifies as a small-cap entity and is exempt from a specific disclosure requirement. It has no material effect on shareholders or the stock price, but signals that MPF Systems is a very small listed company.