Non Applicability of Annual Secretarial Compliance Report under Regulation 24(A) for the period ended 31.03.2025
Awaiting price reaction for this filing.
Citizen Infoline Ltd has informed the BSE that it is not required to submit the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company qualifies for an exemption under Regulation 15(2) because its paid-up equity share capital is below Rs. 10 crores and its net worth is below Rs. 25 crores as on the last day of the previous financial year. This exemption is in line with the BSE circular dated 14th May 2019, which waives this compliance for small listed entities meeting the threshold criteria. The filing dated 26.05.2025 is essentially a confirmation of the company's small-cap status.
This is a routine, neutral disclosure with no material effect on shareholders or the stock price. It simply confirms that the company is a small-cap entity below SEBI's prescribed thresholds, and therefore enjoys reduced compliance obligations under LODR.