This is to informed you that Annual Secretarial Compliance under Regualtion 24A of SEBI (LODR) Regualtion 2018 read with BSE Circular dated 9th May 2019 is not applicable to our compan ....
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Triochem Products Ltd has informed BSE that submitting the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company. The company qualifies for an exemption under Regulation 15(2) because its paid-up equity share capital is Rs. 24.50 lakh (well below the Rs. 10 crore threshold) and its net worth is Rs. 14.62 crore (below the Rs. 25 crore threshold) as per the audited balance sheet dated 31st March 2024. The company has stated that if these thresholds are crossed in the future, it will comply with the regulation within six months of becoming applicable. This is a routine regulatory declaration with no business or financial impact.
No impact on shareholders or stock price. This is a routine filing confirming the company is exempt from a specific compliance requirement due to its small size; investors do not need to take any action.