Non Applicability of Secretarial Compliance Report under Regulation 24A of SEBI(LODR) Regulations,2015 for the quarter & year ended 31.03.2026.
Awaiting price reaction for this filing.
Aananda Lakshmi Spinning Mills Ltd has informed BSE that it is not required to submit a Secretarial Compliance Report for the quarter and year ending 31 March 2026. The company qualifies for an exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed entities with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company's paid-up capital stands at Rs. 3,49,92,700 (approximately Rs. 3.5 crore), below the Rs. 10 crore threshold. However, the company's net worth was negative at Rs. (15.35 crore) as of 31 March 2025 and Rs. (18.34 crore) as of 31 March 2026. The Managing Director, Devender Kumar Agarwal, signed the disclosure.
This is a routine compliance disclosure. The company is exercising a regulatory exemption available to small-cap listed entities. However, the persistent negative net worth signals financial stress and may warrant closer monitoring by investors.