Non-applicability of Annual Secretarial Compliance Report
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Resourceful Automobile Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the financial year ending March 31, 2025. The company claims exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed entities with paid-up capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore, or those listed on the SME Exchange platform. The letter was signed by Rahul Sawhney, Managing Director.
This is a routine regulatory compliance communication and has no material impact on shareholders or stock price. It simply confirms the company qualifies for an exemption from one specific corporate governance filing requirement, suggesting it is a small-cap or SME-listed entity.