Please find attached Non- Applicability Certificate for Reg 24A
Awaiting price reaction for this filing.
Cresanto Global Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report under SEBI Regulation 24A for the financial year ended 31 March 2025. The exemption applies because, as per Regulation 15(2) of SEBI LODR, companies with paid-up equity capital below Rs. 10 crore and net worth below Rs. 25 crore are excluded. The company's paid-up equity capital stands at Rs. 4.27 crore and its net worth is negative at Rs. -2.41 crore as on 31 March 2024. The company has committed to comply with the regulation within six months if it becomes applicable in the future. The communication is signed by Managing Director Prashant Nathmal Bajaj on 14 May 2025.
This is a routine compliance filing and is neutral for the stock price, but it highlights that the company is a small-cap entity with negative net worth, indicating weak financial standing.