Non-Applicability of Annual Secretarial Compliance Report for the Financial year ended 31st March 2025.
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Shashank Traders Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ending March 31, 2025. The exemption is under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, which applies to listed companies whose paid-up equity share capital does not exceed ₹10 crore and whose net worth does not exceed ₹25 crore. The company has confirmed that it falls below both these thresholds on the last day of the previous financial year, and is therefore exempt from submitting the report. The disclosure was signed by Managing Director Praveen Jain. This is a routine regulatory compliance filing with no change to the company's operations or financials.
No material impact on shareholders or the stock price. The filing is purely procedural and simply confirms that the company is small enough to be exempt from certain corporate governance reporting requirements that apply to larger listed companies.