non applicability of annual compliance secretarial
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One Global Service Provider Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This exemption applies because the company's paid-up equity share capital does not exceed Rs. 10 crores and its net worth is below Rs. 25 crores as on the last day of FY 2024-25. A practising company secretary (MK Samdani & Co.) has also certified that these thresholds are not breached, confirming the non-applicability. The filing is dated May 24, 2025, and signed by Managing Director Sanjay Upadhaya.
This is a routine compliance disclosure and has no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap listed entity (under the Rs. 10 crore capital and Rs. 25 crore net worth thresholds) and is therefore exempt from filing the annual secretarial compliance report.