BSENeo Infracon LtdMinimalNeutral
Announced Fri, 29 May · 15:36 IST

Please find attached certificate for non applicability of ASCR

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹42.47
prior close
₹49.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0-10.6+1.0-1.1+1.2+1.9+3.6+3.2-3.3+2.8
Up moveDown movePending
AI summary

Neo Infracon Ltd has filed a certificate from practicing company secretaries VKM & Associates confirming that the company is exempt from Annual Statement on Corporate Governance Report (ASCR) compliance for FY 2025-26. The exemption is based on SEBI LODR Regulations, 2015, as the company's paid-up capital stands at Rs. 5.30 crores (below Rs. 10 crore threshold) and net worth at Rs. 7.13 crores (below Rs. 25 crore threshold). The company's reserves grew from Rs. 1.05 crores in FY22-23 to Rs. 1.83 crores in FY25-26, while net worth increased from Rs. 6.35 crores to Rs. 7.13 crores over the same period.

Likely market impact

This is a routine regulatory compliance filing with no direct impact on shareholders. It confirms the company qualifies for exemption from detailed corporate governance reporting due to its small size.