Corporate Merchant Bankers Ltd — Updates, 19-04-2025: Company Update
19-04-2025 | 01:21 pm
19-04-2025 | 01:21 pm
Corporate Merchant Bankers Limited has confirmed that it is not required to file an Annual Secretarial Compliance Report for the financial year ending 31st March 2025, due to its paid-up equity share capital being below ₹10 Cr and net worth under ₹25 Cr. This exemption applies as the company has its securities listed on an SME Exchange.
The absence of this compliance may reduce administrative burdens but could heighten investor scrutiny regarding governance practices. Investors might view this as a neutral impact, balancing operational efficiency with potential governance concerns.
No comments yet. Be the first to comment!
