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Awaiting price reaction for this filing.
Sueryaa Knitwear Ltd held a board meeting on May 30, 2025 (2:30 PM to 6:50 PM) and approved several routine compliance items for the quarter ended March 31, 2025, including the trading window closure for designated persons, investor grievance statement under Reg 13(3), shareholding pattern under Reg 31, share capital audit report under Reg 76, and confirmation certificate under Reg 74(5). The company also submitted a certificate of non-applicability for related party transaction disclosure (Reg 23(9)) and corporate governance report (Reg 27(2)), citing its small size. As per its last audited balance sheet (March 31, 2025), the company has a paid-up capital of Rs. 259.78 lakh and net worth of Rs. 198.16 lakh — both well below SEBI's thresholds of Rs. 10 crore and Rs. 25 crore respectively, qualifying it for reduced compliance under Reg 15(2). The board also appointed M/s. Jain P & Associates, Practicing Company Secretaries (Delhi), as the Secretarial Auditor for FY 2024-25 and 2025-26.
This is largely a routine compliance filing with no material business or financial decision. The appointment of a secretarial auditor is standard. The disclosed capital and net worth figures confirm this is a very small-cap listed entity, which may mean limited trading liquidity and continued reliance on reduced compliance exemptions.