Non applicability of Annual Secretarial Compliance Report
Awaiting price reaction for this filing.
Fraser and Company Ltd has informed the stock exchanges that it is not required to submit an Annual Secretarial Compliance Report for the year ended March 31, 2026. The company claims exemption under Regulation 24A of SEBI (LODR) read with the relevant circulars. Additionally, the company states it is exempt from Corporate Governance regulations under Regulation 15(2) of SEBI (LODR) 2015. The basis for exemption is that its paid-up equity share capital is Rs. 8.12 crore (below the Rs. 10 crore threshold) and its net worth does not exceed Rs. 25 crore as of March 31, 2026. This is a routine compliance disclosure filed to keep the exchange informed.
No direct impact on shareholders or stock price. The filing is informational and confirms the company qualifies for regulatory exemptions due to its small capital size.