NOT APPLICABLE.
Awaiting price reaction for this filing.
Madhur Industries Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations is not applicable to the company. The company is claiming exemption under Regulation 15(2) of SEBI LODR Regulations 2015 because its paid-up equity share capital does not exceed Rs. 10 Crores and net worth does not exceed Rs. 25 Crores as on the last day of the previous financial year. The company has submitted a Non-Applicability Certificate for Corporate Governance Report. Accordingly, Madhur Industries will not be submitting the Annual Secretarial Compliance Report for FY ended March 31, 2025. The communication is signed by Managing Director Mr. Shalin Parikh (DIN: 00494506).
This filing confirms Madhur Industries qualifies as a small-cap listed entity (under Rs. 10 Cr paid-up capital and Rs. 25 Cr net worth), making it exempt from certain corporate governance compliance requirements. For shareholders, this means the company is small in size and has reduced regulatory disclosure obligations, but no material change to business or stock fundamentals is implied.