Non Applicability of Annual Secretarial Compliance Report for the year ended 31.03.2026
Awaiting price reaction for this filing.
Sarda Proteins Ltd has informed BSE that the Annual Secretarial Compliance Report (under Regulation 24A) and Related Party Transactions disclosure (under Regulation 23(9)) of SEBI LODR Regulations are not applicable to the company for FY 2025-26. The exemption applies because the company's paid-up equity share capital (Rs. 250.45 lakhs) is below Rs. 10 crore and its net worth (Rs. 301.60 lakhs) is below Rs. 25 crore as on the last day of the previous financial year. The company has submitted a Practising Company Secretary certificate from Dipika Soni & Associates confirming this non-applicability. Financials show paid-up capital remained flat at Rs. 250.45 lakhs over FY23-24, FY24-25, and FY25-26, while net worth grew from Rs. 237.29 lakhs to Rs. 301.60 lakhs over the same period.
This is a routine compliance filing and has no material impact on shareholders or the stock price. It simply confirms Sarda Proteins continues to qualify as a small-cap company under SEBI thresholds, giving it reduced disclosure and compliance obligations.