WE HEREBY SUBMIT NON-APPLICABILITY CERTIFICATE FOR REGULATION 24A(2) OF SEBI (LODR) REGULATION, 2015
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Solvix Edibles Ltd has submitted a non-applicability certificate claiming exemption from SEBI Regulation 24A(2), which mandates submission of an Annual Secretarial Compliance Report. The exemption is based on Regulation 15(2) of SEBI (LODR) Regulations, 2015. The company disclosed that its paid-up equity share capital stands at Rs. 6.33 crore and net worth at Rs. 18.90 crore, both below the thresholds that would trigger full compliance requirements. A certificate from practicing Company Secretary CS Manoj Kumar Agarwal corroborates these figures as of March 31, 2025.
This is a routine compliance filing with no direct impact on the stock or shareholders. The exemption indicates the company qualifies as a smaller listed entity under SEBI's relaxed disclosure norms, which is normal for companies of this size.