Non Applicability of ASCR to the Company for year ended on 31st March 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Relic Technologies has filed a certificate confirming it is exempt from submitting the Annual Secretarial Compliance Report (Regulation 24A) and certain corporate governance requirements under SEBI LODR Regulations for FY 2024-25. The exemption applies because the company's paid-up share capital of Rs. 3.60 crores is below the Rs. 10 crore threshold, and its net worth of Rs. 10.02 crores is below the Rs. 25 crore threshold. Notably, net worth rose sharply from Rs. 5.59 crores in FY24, driven by reserves jumping from Rs. 1.99 crores to Rs. 6.42 crores. The certificate was issued by VKM & Associates, Practising Company Secretaries, on 28 May 2025.
This is a routine compliance filing and not material for shareholders. The sharp increase in reserves and net worth during FY25 may be worth tracking as it suggests improved profitability or a revaluation, though no direct corporate action is announced here.