This is with reference to the captioned subject in connection with the non-applicability of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018. In ....
Awaiting price reaction for this filing.
N. D. Metal Industries Ltd has informed BSE that Regulation 24A of the SEBI Listing Regulations does not apply to the company. The company claims exemption under Regulation 15(2) of SEBI (LODR), 2015, as its paid-up equity share capital is approximately Rs. 2.48 crore and net worth is around Rs. 3.88 crore, both falling below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively as on March 31, 2025. Consequently, the company is not required to submit the Annual Secretarial Compliance Report. The disclosure has been made under Regulation 30 of SEBI (LODR), 2015 and is signed by Managing Director Ajay Kumar Garg.
This is a routine regulatory disclosure confirming the company's small-cap status. It has no direct impact on business operations or stock price, but signals to investors that the company falls in the lower threshold category for compliance requirements.