Solitaire Machine Tools Ltd — Others, 07-04-2025: Non-applicability of Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015

Solitaire Machine Tools Limited has announced a board meeting on the non-applicability of the Annual Secretarial Compliance Report for the year ended 31st March 2025. The company is utilizing an exemption under SEBI regulations, as its paid-up equity share capital is below ₹10 crore, specifically reported at ₹4.54 crore. Since the audited figures for FY 2025 are pending, the net worth remains undetermined but stood at approximately ₹18.04 crore as of the last reporting period. This decision may enhance investor confidence due to reduced compliance burden, presenting a potential positive outlook for operational efficiency.