Submission of clarification regarding Non Applicabilty of Annual Secretarial Compliance Report on Panafic Industrials Limited for the F.Y. ended March 2026
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Panafic Industrials Ltd has submitted a clarification to BSE confirming that it is not required to submit an Annual Secretarial Compliance Report for FY ended March 2026. The company cited Regulation 15 of SEBI (LODR) Regulations, 2015, which exempts listed entities with paid-up share capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore from certain corporate governance requirements including Regulation 24A. The company stated its paid-up capital is Rs 8.21 crore and net worth is Rs 9.94 crore as of March 2025, both within the prescribed thresholds. The filing is signed by Managing Director Sarita Gupta.
This is a routine compliance clarification with no material impact on shareholders. The company remains exempt from certain SEBI governance requirements due to its small size as an SME-listed entity.