Non-Applicability of Regulation 24A of SEBI (Listing Obligations and disclosure requirements) Regulations, 2015 for the financial year ended 31st March, 2026
Awaiting price reaction for this filing.
Procal Electronics India Ltd has informed BSE that it is exempt from submitting an Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations for FY 2025-26. The exemption applies because the company's Paid-up Equity Share Capital and Net Worth are both below the thresholds specified under Regulation 15(2) — Rs. 10 crore and Rs. 25 crore respectively — as of 31st March 2026. This is a routine regulatory filing confirming the company's eligibility for exemption due to its small size. The company remains listed on BSE under script code 526009.
No direct impact on shareholders — this is a standard compliance notice confirming the company qualifies for a regulatory exemption due to its small size. The exemption means fewer reporting requirements but does not affect the company's listing status or trading.