Annual Secretarial Compliance Financial Year 2025-26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thakral Services India Ltd has submitted a non-applicability certificate stating it is exempt from submitting the Annual Secretarial Compliance Report under SEBI (LODR) Regulation 24A for FY 2025-26. The exemption is claimed under Regulation 15(2) of SEBI (LODR), which applies to listed entities with paid-up equity capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company disclosed that its paid-up capital is Rs. 3.52 crore (below the Rs. 10 crore threshold). Financial data shows the company has consistently reported negative net worth: -Rs. 5.32 crore in FY 2022-23, -Rs. 8.90 crore in FY 2023-24, and -Rs. 9.16 crore in FY 2024-25. The certificate was issued by Practicing Company Secretary Somy Jacob and Associates, dated 25 May 2026.
As a small-cap company with negative net worth, Thakral Services is exempt from certain corporate governance requirements under SEBI (LODR). The persistent negative net worth across three consecutive years signals significant financial stress, which investors should monitor closely as it may affect the company's ability to sustain listing and meet obligations.