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Awaiting price reaction for this filing.
Valley Magnesite Company Ltd has filed a certificate with BSE and Calcutta Stock Exchange stating that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 does not apply to it. The company is claiming exemption under Regulation 15(2), which excuses listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. The filing is signed by Managing Director Arun Kumar Agarwalla and dated 17 May 2025. The SCRIP codes listed are 539543 (BSE) and 32042 (CSE).
This is a routine compliance filing with no material impact on shareholders or the stock price. It simply confirms the company falls below SEBI's size thresholds and is therefore exempt from filing the annual secretarial compliance report. No business or financial information is disclosed.