Non Applicability of Regulation 24A of Annual Compliance Report for the year ended 31st March 2025
Awaiting price reaction for this filing.
Avi Products India Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Regulations does not apply to the company. It is claiming exemption under Regulation 15(2), which is available to listed entities with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company's paid-up equity share capital stands at Rs. 3.30 crore and net worth at Rs. 7.04 crore as on 31 March 2024, both well below the required thresholds. Consequently, the company is not required to file the Annual Secretarial Compliance Report for FY25. The intimation has been signed by Managing Director Avinash Dhirajlal Vora on 30 May 2025.
This is a routine compliance intimation and has no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap listed entity and is exempt from one specific secretarial reporting requirement.