BSERR MetalMakers India LtdMinimalNeutral
Announced Wed, 23 Apr · 18:08 IST

This is to inform that the Company falls under the categories of companies mentioned under Regulation 15(2)(a) of SEBI LODR Regulations 2015 and hence, the provisions of Regulation 24A ....

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

RR MetalMakers India Ltd has informed BSE that it qualifies for an exemption from submitting the annual Secretarial Compliance Report for FY 2024-25. Under SEBI's Listing Regulations, companies with paid-up capital below Rs. 10 crore and net worth below Rs. 25 crore are exempt from this requirement. The company reported a paid-up share capital of Rs. 9.01 crore and net worth of Rs. 6.71 crore as of March 31, 2024, placing it in the exempted category. This is a routine regulatory filing confirming the company's small-cap status and reduced compliance burden.

Likely market impact

No material impact on shareholders or stock price. The filing simply confirms that as a small-cap company, RR MetalMakers has reduced regulatory compliance obligations. Investors should note the company's modest scale, with net worth under Rs. 7 crore, which signals it is a micro-cap entity.