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Awaiting price reaction for this filing.
Saven Technologies has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company for FY ending March 2025. The exemption applies because the company's paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on March 31, 2024. The communication was filed on April 7, 2025, signed by the Company Secretary Jayanthi P. This is a routine regulatory clarification rather than a new disclosure or event.
No material impact on shareholders — the company is simply confirming it qualifies for an exemption from filing the Annual Secretarial Compliance Report due to its small size. Stock price and operations are unaffected.