Not Applicability Reg 24(A)-Annual Secretarial Compliance
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SVA India Ltd has submitted a certificate stating that the Annual Secretarial Compliance Report (ASCR) under Regulation 24A and Corporate Governance compliance under SEBI (LODR) Regulations, 2015 are not applicable to the company for FY2024-25. This is because the company's paid-up equity share capital is Rs. 3.30 crore and net worth is approximately Rs. 10.85 crore as on 31 March 2025, both falling below the exemption thresholds of Rs. 10 crore and Rs. 25 crore respectively. The Practising Company Secretary (VKM & Associates) has certified the figures and confirmed non-applicability. The company is therefore exempted from several corporate governance regulations including 17, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and related clauses.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company is small enough to be exempted from certain SEBI corporate governance requirements — investors should note this means less extensive governance disclosures compared to larger listed companies.