Since the Company falls under the criteria as specified under regulation 15(2) of SEBI (LODR), 2015, hence the Company does not required to comply with the provisions of of Regulation 24 ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Narmada Macplast Drip Irrigation Systems Ltd has informed BSE that it is not required to comply with Regulation 24A, which mandates submission of an Annual Secretarial Compliance Report. The company qualifies for exemption under Regulation 15(2) of SEBI (LODR), 2015 due to its small size. As per the previous financial year, the company's paid-up equity share capital was Rs. 362.30 Lacs and net worth was Rs. 233.46 Lacs, which falls below the threshold requiring this compliance. This is a routine regulatory disclosure filed under Regulation 30 of SEBI (LODR).
Neutral for shareholders. The filing simply confirms the company is exempt from certain SEBI compliance requirements due to its small size. This has no direct impact on business operations or stock price.