Please find enclosed herewith the declaration of Non-applicability of Annual Secretarial Compliance Report for the year ended March 31, 2025.
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Neelkanth Limited has informed BSE that the Annual Secretarial Compliance Report under SEBI's Regulation 24A is not applicable to the company. The exemption is claimed under Regulation 15(2) of the SEBI Listing Regulations, which applies to listed companies whose paid-up equity share capital does not exceed Rs. 10 Crores and net worth does not exceed Rs. 25 Crores. As on March 31, 2025, the company's paid-up capital stood at Rs. 4.36 Crores and net worth at Rs. 9.60 Crores — both well below the thresholds. A Practicing Company Secretary has certified these figures, confirming the exemption is valid. The company has been below these thresholds consistently for the last three financial years.
No material impact on shareholders or the stock price. This is a routine procedural filing that simply confirms the company's small size makes it eligible for reduced corporate governance compliance requirements under SEBI rules.