Submission of annual secretarial compliance report for the financial year ended 31st March , 2025
Awaiting price reaction for this filing.
B. P. Capital Limited (BSE Scrip Code: 536965) has filed its Annual Secretarial Compliance Report for FY 2024-25, as required under SEBI LODR Regulation 24A. The Practicing Company Secretary flagged that the company has not paid Annual Listing Fees to BSE for three consecutive years (FY 2022-23, 2023-24, and 2024-25), and has also defaulted on fees to the Calcutta Stock Exchange (CSE). As a result, BSE shares trade only on a Trade-for-Trade basis on the first trading day of every week, and the stock has been placed under Graded Surveillance Measure (GSM) Stage 0 and Enhanced Surveillance Measure (ESM) Stage 1. The company admitted 'paucity of funds' and said it is trying to arrange money to clear the dues, while also exploring new business opportunities since operations have declined.
This is a negative filing for shareholders — the company is essentially non-operational, facing financial distress, and trading in its shares is severely restricted on BSE and suspended on CSE. Investors should treat this as a high-risk, illiquid stock with unresolved compliance and funding issues, and watch for any update on listing fee payment or business revival.