Annual Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulations, 2015 is not applicable to the company for the year ended March 31, 2025 as the company is claiming ....
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Pankaj Polymers has told the Bombay Stock Exchange that it does not need to file the Annual Secretarial Compliance Report for the year ended 31 March 2025. The company is using an exemption under SEBI's listing rules meant for small listed companies. To qualify, both paid-up share capital and net worth must stay below set thresholds. As of 31 March 2024, the company's paid-up equity capital was about Rs. 5.54 crore (below the Rs. 10 crore limit) and net worth was about Rs. 11.05 crore (below the Rs. 25 crore limit), so it meets the conditions. The company has said it will start complying with this rule within six months if the exemption no longer applies in the future.
This is a routine compliance update with no impact on shareholders or the stock price. It simply confirms the company qualifies as a small-cap listed entity and is relieved from one specific yearly compliance filing.