Compliances Regulation 24(A) -Annual Secretarial Compliance
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Quantum Digital Vision (India) Ltd has informed the Bombay Stock Exchange that it is not required to submit the Annual Secretarial Compliance Report under SEBI's Regulation 24A for the financial year ended March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This exemption applies because the company's paid-up equity share capital does not exceed Rs. 10 crore and its 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 was signed by Director Shakuntala Dassani on 10 April 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms that the company is small enough (under the SEBI thresholds) to be exempt from certain corporate governance reporting requirements.