With reference to the above subject, we wish to inform you that the requirements regarding Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure ....
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Virya Resources Ltd (formerly Gayatri Tissue and Papers Ltd) has informed BSE that it is exempt from submitting the Annual Secretarial Compliance Report under SEBI Regulation 24A for FY ended 31 March 2025. The exemption is claimed under Regulation 15(2) of SEBI LODR Regulations 2015 because the company falls below the prescribed size thresholds. As on 31 December 2024, its paid-up equity share capital stood at Rs. 1.5 crore (below the Rs. 10 crore limit) and net worth at Rs. 5.35 crore (below the Rs. 25 crore limit). The company has also confirmed it will comply with the regulation within 6 months if it ever crosses these thresholds in the future.
This is a routine compliance disclosure confirming the company is a small-cap entity below SEBI's size thresholds for corporate governance and secretarial audit requirements. There is no material impact on shareholders or the stock price; investors should note the company is small by capital and net worth standards.