As the paid-up capital and net worth of the Company do not exceed the limits prescribed under the Regulations, the provisions of Regulation 24A are not applicable to the Company.
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SI Capital & Financial Services Ltd has informed BSE that SEBI's Regulation 24A does not apply to the company. This is because its paid-up equity share capital is below ₹10 crore and its net worth is below ₹25 crore as on the last day of the previous financial year, both thresholds prescribed under the regulation. As a result, the company is exempt from submitting the Annual Secretarial Compliance Report. This is a routine compliance disclosure filed on May 16, 2025, citing BSE circulars dated May 9, 2019 and May 14, 2019.
This is a routine regulatory clarification with no material impact on shareholders or the stock price. It simply confirms the company falls below SEBI's size thresholds, reducing its compliance burden.