The company falls within the ambit of the exemption mentioned in 15(2) of SEBI (Listing Obligations and Disclosures Requirements, 2015, therefore the requirement of submission of Secretarial ....
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Nam Securities Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company claims exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which exempts small listed entities. To qualify, a company must have paid-up equity share capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore. The company states its paid-up capital was Rs 539.20 lakh (about Rs 5.39 crore) and its net worth was Rs 1,099.46 lakh (about Rs 11 crore) as on 31 March 2024, both of which fall below the exemption thresholds. The letter is signed by Managing Director Kiran Goyal.
This is a routine procedural filing with no impact on shareholders or the stock price. It simply confirms the company qualifies as a small listed entity and is therefore relieved of one specific corporate governance reporting requirement. No material business or financial information is disclosed.