BSESanblue Corporation LtdMinimalNeutral
Announced Mon, 14 Apr · 12:33 IST

NON APPLICABILITY OF COMPLIANCE REGULATION 24(A)

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AI summary

Sanblue Corporation Ltd has informed BSE that submitting the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2018 is not applicable to the company. The company claims exemption under Regulation 15(2) of SEBI (LODR), 2015 because its paid-up equity share capital is Rs. 499.96 Lacs and net worth is Rs. 1,351.31 Lacs — both falling below the prescribed thresholds. A Practicing Company Secretary (Sanjay Dayalji Kukadia) has certified the non-applicability based on the audited balance sheet as on 31st March 2024. The certificate was issued on 13th April 2025, and the intimation was filed with BSE on 14th April 2025.

Likely market impact

This is a routine procedural disclosure and not a material event. It simply means the small-cap company is exempt from submitting the Annual Secretarial Compliance Report because its size falls below SEBI's threshold for such compliance. There is no direct impact on shareholders or the stock price.