BSENew Light Industries LtdMinimalNeutral
Announced Tue, 21 Apr · 18:59 IST

Intimation of Non-Applicability of Regulation 24A(2) of SEBI LODR Regulations 2015.

Price

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Price reaction · full curve 14 horizons · vs prior close
-2.5%1-day move
₹1.63
prior close
₹1.69
base price
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-4.1-4.1-4.1-3.0-2.5-1.8+0.6+0.0-1.8-5.5-10.4-14.1-17.2-11.0
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AI summary

New Light Industries Ltd has informed BSE that it is exempt from submitting an Annual Secretarial Compliance Report for FY 2025-26. The exemption applies because the company qualifies under Regulation 15(2) of SEBI LODR, which waives certain corporate governance requirements for smaller listed entities. As of the last day of the previous financial year, the company had a paid-up capital of Rs. 8.76 crore and net worth of Rs. 14.29 crore—both below the thresholds of Rs. 10 crore and Rs. 25 crore respectively. The company is listed on the BSE SME Exchange, which also qualifies it for this exemption.

Likely market impact

This is a routine regulatory filing with no direct impact on shareholders. The exemption reflects that the company qualifies as a smaller listed entity under SEBI norms and does not indicate any financial weakness or operational concern.