This is to inform you that Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulation,2018 read with BSE ....
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Shikhar Leasing & Trading Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the financial year ending 31st March 2025. The company is claiming exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This exemption applies to listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore. Based on audited financials as of 31st March 2024, the company has a paid-up capital of Rs. 1 crore and a net worth of approximately Rs. 7.14 crore, both well below the thresholds. The letter was signed by Wholetime Director Vipul Popatlal Chheda on 22nd April 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small listed entity, exempting it from certain corporate governance compliance requirements applicable to larger listed companies.