Regulation 24A Secretarial Audit and Annual Secretarial Compliance Report is not applicable to our Company.
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Sugal & Damani Share Brokers Ltd has informed the BSE that Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding Secretarial Audit and Annual Secretarial Compliance Report, does not apply to the company for the financial year ended March 31, 2025. The company qualifies for this exemption under Regulation 15(2) because its paid-up equity share capital does not exceed Rs. 10 crore and its net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. The filing was signed by Radhika Maheshwari, Company Secretary, on May 28, 2025.
This is a routine compliance disclosure confirming that the company falls below the size thresholds and is therefore exempt from secretarial audit requirements. No material impact on shareholders or stock price is expected from this filing.