this is to inform the the Annual Secretarial Complaince report under regulation 24A is not applicable to the company
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The company has informed BSE that it is not required to submit an Annual Secretarial Compliance Report for the financial year ended March 31, 2026. Velox is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, which exempts smaller listed entities from certain corporate governance requirements. As of March 31, 2025, the company's paid-up capital was Rs. 797.40 Lakhs (approximately Rs. 8 Crores) and net worth was Rs. 753.79 Lakhs (approximately Rs. 7.5 Crores), both below the thresholds of Rs. 10 Crores capital and Rs. 25 Crores net worth specified in the regulation. This is a routine compliance filing confirming the company's exempt status.
No direct impact on shareholders. This is a routine administrative filing confirming that certain SEBI governance requirements do not apply due to the company's small size. The company remains listed on BSE (Scrip Code: 506178) but operates under relaxed compliance norms.