We are hereby submitting non applicaibility of Annual Secretarial compliance for the year ended on 31st March, 2025.
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Ontic Finserve Ltd has informed the BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended 31st March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Regulations, which applies to listed entities with paid-up equity share capital below Rs. 10 crore and net worth below Rs. 25 crore. As on 31st March 2024, the company's paid-up equity capital stood at Rs. 9,00,03,000 and net worth at Rs. 1,80,00,600, both below the required thresholds. Consequently, the company is also exempt from submitting the Annual Secretarial Compliance Report for FY25.
This is a routine compliance disclosure and is largely neutral for shareholders. It signals that the company is a small-cap entity below SEBI's corporate governance thresholds and will have reduced compliance obligations, which may slightly reduce administrative costs but also means lighter governance disclosures for investors.