Non Applicability of Annual Secretarial Compliance Report for the financial year 2024-25
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Tashi India Limited has informed BSE that the Annual Secretarial Compliance Report under SEBI's Listing Regulations is not applicable to the company for the financial year ended 31st March 2025. The company is claiming exemption under Regulation 15(2) of the SEBI LODR Regulations, 2015, which applies to listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and whose net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. Since the company meets both these thresholds, the Corporate Governance provisions (and consequently the Secretarial Compliance Report requirement) do not apply to it. The filing has been signed by Director Akshay Ranka (DIN: 00235788) on 31st May 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that Tashi India is a small-cap listed entity (paid-up capital under Rs. 10 crore and net worth under Rs. 25 crore), which means lighter corporate governance and disclosure obligations compared to larger listed companies.