SI Capital & Financial Services Ltd — Updates, 16-05-2025: Company Update
16-05-2025 | 10:32 am
16-05-2025 | 10:32 am
S.I. Capital & Financial Services Limited has clarified that Regulation 24A, which mandates submission of the Annual Secretarial Compliance Report, does not apply to the company. This is because its paid-up equity share capital and net worth remain below ₹10 crore and ₹25 crore respectively. As a result, the company is exempt from submitting this compliance report, reducing regulatory burden without impacting its core operations or financial reporting obligations. This clarification reassures shareholders that current capital and net worth levels limit certain compliance requirements.
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