Non-Applicability of Annual Secretarial Compliance Report for the year ended 31st March, 2025
Awaiting price reaction for this filing.
Shah Foods Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to it for the year ended 31 March 2025. The company qualifies for exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed entities with paid-up equity share capital not exceeding Rs. 10 Crores and net worth not exceeding Rs. 25 Crores as per the last audited balance sheet. Consequently, the company is not required to submit the Annual Compliance Report to the Stock Exchange for FY 2024-25. The letter is signed by CS Namrata Vyas, Company Secretary & Compliance Officer.
This is a routine compliance filing and not a material event. It simply confirms that Shah Foods is a small-cap listed entity falling below the SEBI thresholds for enhanced corporate governance disclosures. No direct impact on shareholders or stock price is expected.