BSERishi Laser LtdMinimalNeutral
Announced Wed, 16 Apr · 16:01 IST

Enclosed Non Applicability of Listing Regulations, 2015

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Awaiting price reaction for this filing.

AI summary

Rishi Laser Limited has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A does not apply to the company. The exemption is claimed under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated its paid-up equity share capital was Rs. 9.19 crore and net worth was Rs. 24.27 crore as per the previous financial year's figures. Since both fall below the regulatory thresholds, the company is not required to submit the secretarial compliance report. The letter was signed by Company Secretary Vandana Patel and dated 14th April 2025.

Likely market impact

This is a routine administrative disclosure with no material impact on shareholders or the stock price. It simply confirms that the company qualifies for reduced compliance obligations due to its smaller size (paid-up capital and net worth below SEBI thresholds).