Non Applicability of Req. 24A of LODR
Awaiting price reaction for this filing.
Centerac Technologies Ltd has informed BSE that Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company for the financial year ended 31st March 2025. The exemption applies because the company's paid-up equity share capital does not exceed ₹10 crores and its net worth does not exceed ₹25 crores as on the last day of the previous financial year. As a result, the company is not required to file an Annual Secretarial Compliance Report. The company cited Regulation 15(2) of the SEBI (LODR) Regulations as the basis for this exemption.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is below the size threshold and qualifies for relaxed compliance obligations, which is neutral information for investors.