This is to inform you that the Annual Secretarial Compliance report under regulation 24A of SEBI (LODR) (amendment)Regulations 2018 read with SEBI Circular dated 8.2.2019 is not applicable ....
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Ushakiran Finance Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the year ended 31 March 2025. The company is claiming exemption under Regulation 15(2) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. To qualify, a listed entity's paid-up equity share capital must not exceed Rs. 10 crore and net worth must not exceed Rs. 25 crore as on the last day of the previous financial year. The company's paid-up equity capital is Rs. 2.55 crore and its net worth as on 31 March 2024 is Rs. 18.70 crore, both comfortably below the thresholds. As a result, corporate governance provisions and the related secretarial compliance reporting do not apply to it.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company's small-cap status and its exemption from certain SEBI compliance filings.