Non applicability of Regulation 24A of SEBI (LODR) Regulations, 2015 for the year ended 31st March, 2025.
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Sybly Industries has informed BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations does not apply to it for the financial year ending 31 March 2025. Under Regulation 15(2)(b), companies with paid-up capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore, or those listed on the SME platform, are exempt from filing the Annual Secretarial Compliance Report. The company has confirmed it falls under this exemption and is therefore not required to submit the report. The letter was signed by Chirag, Additional Director, and submitted to BSE on 3 May 2025.
This is a routine compliance disclosure and is largely neutral for shareholders. It does, however, confirm that Sybly Industries is a very small company by paid-up capital and net worth standards, which may be relevant context for investors assessing the scale and liquidity of the stock.