Proseed India has informed that the company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 as the Annual Secretarial Compliance Report shall not apply to the listed entities having paid-up equity share capital not exceeding Rs 10 Crores and Net worth not exceeding Rs 25 Crores as on the last day of the previous financial year. The paid-up equity share capital of the Company is Rs 6,19,81,981 and the Net worth of the Company for the Financial year is less than Rs 25 Crores as on the last day of the previous financial year i.e. 31st March, 2021 respectively. In view of the above, the company is exempted under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 to file the Annual Secretarial Compliance Report for the year ended 31 March 2021 to the Stock Exchange.
The above information is a part of company’s filings submitted to BSE.
