Please find the attached Non-Applicability Certificate for Regulation 24A
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vaishno Cement Company has informed the stock exchanges that it is not required to file the Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Rules for the year ended 31st March 2025. This exemption is available under Regulation 15(2) for listed companies whose paid-up equity capital does not exceed ₹10 crore and net worth does not exceed ₹25 crore. As of 31st March 2024, the company's paid-up equity share capital was ₹8.95 crore and its net worth was negative at ₹(1.01) crore, placing it well within the exemption thresholds. The company has stated that it will begin complying with the regulation within six months from the date the provision becomes applicable to it.
This is a routine compliance filing with no direct effect on stock price, as it only confirms an existing exemption. However, the negative net worth of ₹1.01 crore signals that the company is currently in a financial deficit, which shareholders should monitor closely.