BSESinnar Bidi Udyog LtdMinimalNeutral
Announced Fri, 30 May · 18:18 IST

Non applicability of Regulation 24

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AI summary

Sinnar Bidi Udyog Ltd has informed BSE that Regulation 24A of SEBI LODR is not applicable to the company. The regulation, which requires listed entities to submit an Annual Secretarial Compliance Report, does not apply because the company qualifies for exemption under Regulation 15(2). As on 31st March 2025, the company's paid-up equity share capital stood at Rs. 20.00 lakhs and net worth at Rs. 438.65 lakhs — both well below the SEBI thresholds of Rs. 10 crore (paid-up capital) and Rs. 25 crore (net worth) for small listed companies. The company has submitted a certificate confirming these figures as supporting evidence for the exemption claim.

Likely market impact

This is a routine procedural disclosure with no material impact on shareholders or the stock price. It simply confirms the company is exempt from filing the Annual Secretarial Compliance Report due to its small size, which reduces its compliance burden.