Outcome of the Board Meeting pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Tacent Projects Ltd's Board of Directors met on May 23, 2025 and approved several routine compliance items for the quarter and half year ended March 31, 2025. These include the Investor Complaints statement, Shareholding Pattern, Reconciliation of Share Capital Audit Report, and trading window closure for designated persons. The Board also appointed M/s. Jain P & Associates, Practicing Company Secretaries (Noida), as the Secretarial Auditor for FY 2024-25. The company confirmed it is exempt from filing consolidated Related Party Transactions disclosure and Corporate Governance report because its paid-up capital (Rs. 351.23 Lakh) and net worth fall below SEBI's small-company thresholds of Rs. 10 Crore and Rs. 25 Crore respectively.
This is largely a routine procedural filing with no business or operational changes, so expect minimal stock price impact. However, investors should note the company's negative net worth of Rs. (25.52) Lakh, which signals financial weakness despite qualifying for compliance exemptions under SEBI's small-company framework.