Pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) 2015 read with SEBI Circular No.CIR/CFD/CMD1/27/2019 dated 8th February, 2019, please find enclosed ....
Awaiting price reaction for this filing.
AJR Infra And Tolling submitted its Annual Secretarial Compliance Report for FY2025, as required under SEBI Regulation 24A. The report, issued by Practicing Company Secretary Mr. Veeraraghavan N, confirms the company has complied with applicable SEBI regulations, secretarial standards, and listing requirements. Key highlight: BSE granted in-principle approval on February 4, 2025 for revocation of the trading suspension imposed on the company's equity shares since March 13, 2023. The company had applied to BSE and NSE in August 2023 for revocation. Currently, shares trade on a Trade-for-Trade basis in the Z category on the first trading day of every week. Past non-compliance involved delays in submitting quarterly/annual financial results for FY2023, which have since been resolved with no fines levied.
The BSE in-principle approval for lifting the trading suspension is a significant positive development that could restore normal liquidity and broader investor participation in the stock. However, shares remain in the Z category with restricted trading until full revocation is confirmed.