Declaration of Non-Applicability of Regulation 23(9) of SEBI (LODR) Regulations, 2015 - September 2025 Quarter
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Awaiting price reaction for this filing.
Star Source Multi Trade Ltd has informed BSE that it is exempt from filing a Corporate Governance Report for the quarter ended September 30, 2025. Under SEBI's LODR Regulation 15, companies with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore are exempt. The company's paid-up capital is Rs. 1.5 crore and net worth is Rs. 13.14 crore as of March 31, 2025, well below these thresholds. Net worth has grown steadily from Rs. 11.60 crore (FY23) to Rs. 12.80 crore (FY24) to Rs. 13.14 crore (FY25). The filing is certified by the Company Secretary Aditya Agarwal and independently verified by Practicing Company Secretary Arvind Sudra.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status qualifies it for reduced disclosure requirements, while its gradually rising net worth suggests steady financial health.