Non-applicability of Regulation 24A (2) of SEBI (LODR) Regulations, 2015 for the financial year ended 31.03.2026.

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Price reaction · full curve 14 horizons · vs prior close

-2.7%1-day move

₹20.65

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AI summary

Steel Strips Infrastructures Ltd has informed BSE that it is not required to submit an Annual Secretarial Compliance Report for FY 2025-26. The exemption is based on Regulation 15(2) of SEBI (LODR) Regulations. The company's paid-up equity share capital stands at Rs. 8.64 crore, below the Rs. 10 crore threshold. Additionally, the company's net worth is negative at Rs. -1.78 crore as of 31 March 2026, well below the Rs. 25 crore limit that would trigger the requirement. The filing is a routine compliance disclosure confirming the company falls below the thresholds that mandate secretarial audit.

Likely market impact

This is a procedural filing with no direct impact on the stock. However, the negative net worth of Rs. -1.78 crore signals financial stress and is a caution flag for existing or prospective investors.