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Awaiting price reaction for this filing.
Swarna Securities Ltd has filed a non-applicability certificate stating that it does not need to submit a Corporate Governance report for the quarter and year ended 31 March 2025. The company qualifies for exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015 because its paid-up equity share capital of Rs. 3 crore is below the Rs. 10 crore threshold and its net worth of Rs. 5.76 crore is below the Rs. 25 crore threshold. The certificate, certified by Practicing Company Secretary Ganga Anil Kumar & Associates, confirms these figures for the last three financial years (FY22 to FY24). The company's net worth has steadily grown from Rs. 4.33 crore in FY22 to Rs. 5.76 crore in FY24, while paid-up capital has remained unchanged at Rs. 3 crore.
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap entity and is exempt from detailed corporate governance reporting requirements, reducing its regulatory compliance burden.