Clarification for non applicability of regulation 24A of SEBI LODR.
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Parshwanath Corporation Limited has submitted a clarification to BSE stating it is exempt from submitting an Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR. The company qualifies for exemption under Regulation 15(2) as its paid-up equity share capital of Rs. 3.13 crore and net worth of Rs. 12.13 crore are both below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively. The exemption is claimed for the quarter ended 31st March 2026. The letter was signed by Mr. Riddhiben R Patel, Joint-Managing Director & CFO.
No impact on shareholders or stock price. This is a routine regulatory clarification confirming the company qualifies for a compliance exemption due to its small size, which is standard for companies below SEBI's prescribed thresholds.