ENCLOSED HEERWITH REG 24 A NON APPLICABILITY CERTIFICATE FOR YEAR ENDED 31/03/2025
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Suncity Synthetics has informed BSE that it is not required to file the Annual Secretarial Compliance Report under SEBI's Regulation 24A for the financial year ended 31 March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Regulations, which applies to listed entities with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore as on the last day of the previous financial year. Essentially, the company is too small (by capital and net worth thresholds) to be subject to this particular corporate governance compliance requirement. The certificate confirming non-applicability has been signed by Managing Director Sumita Mishra and submitted to BSE.
This is a routine compliance disclosure and is not material to shareholders. It merely confirms that the company falls below the size thresholds set by SEBI, so it enjoys reduced reporting obligations. There is no direct impact on the stock price, business operations, or shareholder value.