Non-Applicability of Annual Secretarial Compliance Report for the year ended on March 31, 2025
Awaiting price reaction for this filing.
Oswal Overseas Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The company qualifies for an exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, because its paid-up equity share capital and net worth are both below the prescribed thresholds (Rs. 10 crores and Rs. 25 crores respectively) as on March 31, 2025. Consequently, the stricter compliance requirement under Regulation 24A of SEBI LODR does not apply to the company. The company has stated that it will comply with these requirements in the future if its size grows to trigger applicability. This is a routine disclosure informing the stock exchange about exemption from a specific filing obligation.
This is a routine regulatory filing with no direct impact on shareholders or stock price. It simply confirms that Oswal Overseas is a small-cap company (paid-up capital under Rs. 10 crore, net worth under Rs. 25 crore) and is therefore exempt from an additional annual secretarial compliance report. No action required from investors.