Non-applicability of Regulation 24 (A) of SEBI (LODR) Regulations - for March 2025
Awaiting price reaction for this filing.
Sashwat Technocrats Ltd has informed the Bombay Stock Exchange that Regulation 24(A) of SEBI's Listing Obligations and Disclosure Requirements does not apply to the company for the financial year ended 31st March 2025. The company qualifies for exemption under Regulation 15(2) because its paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on 31st March 2025. As a result, the company is not required to submit the Annual Secretarial Compliance Report to the stock exchange. This is a routine compliance disclosure confirming the company's small-cap status.
This is a routine regulatory clarification and has no direct impact on shareholders or stock price. It confirms the company is a small-cap entity below the SEBI thresholds that trigger additional secretarial compliance requirements.