Non-Applicability of Annual Secretarial Compliance Report for FY26
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United Leasing & Industries Ltd has informed BSE that Regulation 24A of SEBI LODR, which requires filing the Annual Secretarial Compliance Report, does not apply to it for FY ended 31 March 2026. The company qualifies for exemption because its paid-up equity capital is Rs 3 crore and net worth is Rs 2.54 crore as on 31 March 2025, both below the prescribed thresholds of Rs 10 crore and Rs 25 crore respectively. The firm has also stated it will comply within six months if the regulation later becomes applicable.
Routine compliance filing with no material impact on shareholders or stock; the company remains exempt from secretarial audit requirements due to its small size.