Non applicability of Regulation 24A of SEBI (LODR) Regulations, 2015 for the year ended 31st March, 2025.
Awaiting price reaction for this filing.
Shri Niwas Leasing And Finance Ltd has informed BSE that Regulation 24A of SEBI (LODR) Regulations, 2015 does not apply to the company for the financial year ended March 31, 2025. The company qualifies for exemption under Regulation 15(2)(b) because its paid-up capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on March 31, 2025. Consequently, the company is not required to file an Annual Secretarial Compliance Report for FY 2024-25. The letter was signed by Managing Director Rajni Tanwar on May 3, 2025.
This is a routine compliance filing with no impact on shareholders or the stock price. It simply confirms that the company, being a small-cap listed entity, is exempt from filing the annual secretarial compliance report this year.