NON APPLICABLITY OF 24A OF LODR -31.03.2026
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Sanblue Corporation Ltd has informed BSE that the company is exempt from submitting the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations. The exemption is claimed under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to small listed companies. Based on the audited balance sheet as of 31 March 2025, the company's paid-up equity share capital was Rs. 499.96 Lacs and net worth was Rs. 1407.35 Lacs, both falling below the thresholds that would require compliance with Corporate Governance provisions. A certificate from Practising Company Secretary Sanjay Dayalji Kukadia confirming the non-applicability has been enclosed with the filing.
This is a routine compliance filing with no negative implications for shareholders. The exemption reflects that Sanblue is a small listed company below SEBI's mandatory corporate governance thresholds. No material impact on the stock or investor rights is expected.