Non Applicability of Reg 24(A)-Annual Secretarial Compliances
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Octavius Plantations Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for FY2025-26 under SEBI (LODR) Regulation 24A. The exemption applies because the company's paid-up equity share capital (Rs 3 crore) and net worth (Rs 19.02 crore) are both below the threshold limits of Rs 10 crore and Rs 25 crore respectively, as specified under Regulation 15(2). The company relies on this regulatory exemption to avoid the mandatory secretarial audit requirement that applies to larger listed entities.
This is a routine regulatory filing with no direct impact on the stock price. It simply confirms that Octavius Plantations qualifies as a smaller listed company exempt from certain SEBI compliance requirements due to its size thresholds.