Please Find enclosed herewith Non-Applicability of Annual Secretarial Compliance Report for the Financial Year ended 31 March, 2025 Under Regulation 24A of SEBI (LODR) Regulation 2015 for ....
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United Leasing & Industries Ltd has informed BSE that it is exempt from submitting the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. Under SEBI LODR Regulation 15(2)(b), companies with paid-up equity share capital below INR 10 crore and net worth below INR 25 crore are not required to file this report. The company's paid-up equity share capital stands at INR 3 crore and its net worth is INR 2.43 crore as on 31 March 2024, both well below the prescribed thresholds. Consequently, Regulation 24A of SEBI LODR does not apply to the company for the current financial year. The company has also committed to comply with the regulation within six months if it becomes applicable at a later date.
This is a routine regulatory exemption filing with no material impact on shareholders or the stock price. It simply reduces the company's compliance burden given its small size, and signals no change in business operations or financial standing.