Non Applicability of Annual Secretarial Compliance Report under Reg. 24(A) of SEBI (LODR) Regulation, 2015
Awaiting price reaction for this filing.
Dekson Castings Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the year ended March 31, 2025. This exemption applies because the company's paid-up equity share capital (Rs. 37.79 lakhs) and net worth (Rs. 1.02 crores) as on March 31, 2024 are both below the thresholds of Rs. 10 crores and Rs. 25 crores respectively, as specified under Regulation 15(2) of SEBI LODR. The company has stated it will comply with the regulation within six months if it ever becomes applicable in the future. The letter is signed by Chetan Ashok Dekate, CFO and Director, from Aurangabad.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company is small enough to be exempt from one specific corporate governance reporting requirement, indicating its modest scale relative to listed peers.