Please find attached non-applicability of Regulation 24(A) of the SEBI Listing Regulations, 2015.
Awaiting price reaction for this filing.
Trustwave Securities Ltd has informed the BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Regulations is not applicable to the company for the financial year ended 31st March 2025. The company cites Regulation 15(2) of the SEBI (LODR) Regulations, 2015, which exempts listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore, as on the last day of the previous financial year. This indicates the company is a small-cap listed entity that falls below the thresholds triggering enhanced corporate governance compliance. The letter is signed by Director Deepak Kharwad (DIN: 08134487).
This is a routine compliance disclosure with no direct impact on shareholders or stock price. It simply confirms that the company is small enough (below Rs. 10 crore capital and Rs. 25 crore net worth) to be exempt from filing an annual secretarial compliance report, meaning investors will not receive this additional governance assurance document.