Non-applicability of Annual Secretarial Report pursuant to Regulation 24(A) of the SEBI (LODR) (Amendments) Regulations, 2018 for the financial year ended 31st March,2025
Awaiting price reaction for this filing.
Auto Pins (India) Ltd has informed the Bombay Stock Exchange that the Annual Secretarial Compliance Report requirement under SEBI's Regulation 24(A) does not apply to the company for FY 2024-25. This exemption is because the company's paid-up equity share capital stood at Rs. 570.71 lakhs and net worth at Rs. 824.28 lakhs as on 31st March 2024, both falling below the required thresholds of Rs. 10 crores and Rs. 25 crores respectively under Regulation 15(2) of the SEBI (LODR) Regulations, 2015. The company has accordingly confirmed it is not required to submit this compliance report for the financial year ended March 31, 2025.
This is a routine regulatory filing and is neutral for shareholders. It simply confirms that Auto Pins, being a small-cap company below SEBI's size thresholds, is exempt from an additional annual compliance reporting requirement. No material change to business or financials is implied.