Intimation for Non-Applicability of Regulation 24A of SEBI(LODR)(Amendment)Regulations 2018. Please find attached document for more details.
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Shree Steel Wire Ropes Ltd has informed BSE that Regulation 24A of SEBI (LODR) (Amendment) Regulations, 2018 does not apply to the company. This regulation deals with the Annual Secretarial Compliance Report requirement. The company states that its paid-up equity share capital is below Rs. 10 crore and its net worth is below Rs. 25 crore as on 31 March 2025, placing it below the SEBI threshold for this filing. Consequently, the company is also exempt from Regulation 27(1), which relates to the Annual Secretarial Audit Report. The intimation is signed by Manoj C. Patade, Company Secretary & Compliance Officer, dated 29 April 2025.
This is a routine regulatory compliance intimation with no material impact on shareholders or stock price. It simply confirms that the company is classified as a small-cap entity under SEBI norms and is therefore exempt from certain corporate governance reporting requirements.