Non Applicability of Annual Secretarial Compliance Report for the year ended March 31, 2025
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Punctual Trading Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended March 31, 2025. The company is claiming exemption under Regulation 15(2) of the SEBI (LODR) Regulations, 2015, which applies to 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. As a result, the corporate governance provisions, including the secretarial compliance report requirement, do not apply to the company. The letter has been signed by Whole Time Director Deepak Ramchandra Pawar and submitted to BSE on April 21, 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company is a small-cap listed entity below the SEBI-mandated size thresholds for enhanced corporate governance reporting.