Non-Applicability of Reg 24A for the quarter ended 31/03/2025
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Pervasive Commodities Ltd has informed the BSE that it is exempt from submitting the Secretarial Compliance Report under SEBI's Regulation 24A for the financial year ended March 31, 2025. Under Regulation 15(2) of SEBI LODR, companies with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt from this filing requirement. The company's paid-up equity share capital stands at Rs. 9,52,200 (approximately Rs. 9.52 lakh), which is well below the Rs. 10 crore threshold. Its net worth is also below Rs. 25 crore as of the last day of the previous financial year, making it eligible for this exemption. This is a routine compliance disclosure confirming the company qualifies as a small-cap listed entity for regulatory purposes.
This is a routine regulatory disclosure with no material impact on shareholders or stock price. It simply confirms the company's small size (paid-up capital under Rs. 10 crore), which means fewer compliance burdens and lower administrative costs compared to larger listed firms.