Olympia Industries Ltd — Updates, 29-05-2025: Company Update

Olympia Industries Limited has informed that the Annual Secretarial Compliance Report was not applicable for the financial year 2024-2025 as its paid-up equity share capital and net worth were below Rs. 10 crore and Rs. 25 crore respectively. However, based on the latest audited financials, the company’s net worth now exceeds Rs. 25 crore, making the corporate governance provisions applicable from the financial year 2025-2026. The company will comply with these regulations within six months from the date the provisions become effective. This marks a governance upgrade aligning with its growing scale.