BSENutech Global LtdMinimalNeutral
Announced Fri, 11 Apr · 14:22 IST

Intimation of Non-Applicability of Annual Secretarial Compliance Report as per Regulation 24A of SEBI (LODR), Regulations, 2015 for the year ended 31.03.2025.

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Awaiting price reaction for this filing.

AI summary

Nutech Global Ltd has informed BSE that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ending March 31, 2025. The exemption is claimed under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed companies whose paid-up capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore. As per the last audited balance sheet (March 31, 2024), the company's paid-up capital stands at Rs. 3.20 crore and net worth at Rs. 6.10 crore, placing it well below both thresholds. Consequently, certain corporate governance provisions — including the secretarial compliance report requirement under Regulation 24A — do not apply to the company.

Likely market impact

This is a routine regulatory filing with no direct impact on shareholders or the stock price. It merely confirms the company's small-cap status, as its market metrics fall below SEBI's thresholds for full corporate governance compliance, reducing some reporting obligations.