Disclosure for Non Applicability of Reg. 24A of SEBI LODR for FY 31.03.2025
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Shree Manufacturing Company has informed the BSE and Calcutta Stock Exchange that the Annual Secretarial Audit requirement under Regulation 24A of SEBI LODR does not apply to it for the financial year ending 31 March 2025. The company is exempt under Regulation 15(2)(b) because its paid-up capital does not exceed Rs. 10 crore and its net worth is below Rs. 25 crore as on the last day of the financial year. Additionally, the company's shares are listed on the SME exchange platform, which further qualifies it for this exemption. Signed by Whole Time Director Vishal Dedhia, the letter is essentially a routine compliance filing confirming its small-cap, SME-listed status.
No material impact on shareholders or stock price — this is a routine regulatory disclosure confirming the company's small size (SME-listed, sub-Rs. 10 crore capital, sub-Rs. 25 crore net worth) and its exemption from the annual secretarial audit requirement. Investors should note that smaller companies on the SME platform face fewer disclosure obligations compared to mainboard listed firms.