BSESubhash Silk Mills LtdMinimalNeutral
Announced Thu, 30 Apr · 12:48 IST

Secretarial Audit exemption for FY26 under Reg 24A

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Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹62.62
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+4.9+9.6+15.1+19.8+19.8+24.2+45.3
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AI summary

Subhash Silk Mills has informed BSE that Regulation 24A (Secretarial Audit) of SEBI LODR does not apply to it for FY ending March 31, 2026. Based on FY25 audited results, the company's paid-up equity capital is ~₹4.05 crore and net worth is ~₹10.28 crore, both below the prescribed thresholds (₹10 crore and ₹25 crore respectively). The company qualifies for exemption under Regulation 15(2)(a).

Likely market impact

No impact on shareholders. Routine compliance disclosure confirming the company is small-cap and exempt from secretarial audit requirement.