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Ganon Products Ltd has announced that the Annual Secretarial Compliance Report is not applicable to the company as it claims exemption under SEBI regulations due to its paid-up equity share capital and net worth being below specified thresholds. This exemption means the company is not required to comply with certain corporate governance provisions, reflecting its comparatively smaller size. This update is important for investors as it clarifies the company’s regulatory compliance status without impacting its core business operations.