Velox Shipping and Logistics Ltd — Important, 30-05-2026: Company Update

Velox Shipping and Logistics Limited has announced it is exempt from submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. This exemption applies because its paid-up equity share capital and net worth are below the specified limits for certain corporate governance provisions. As of March 31, 2025, the company's paid-up capital stood at Rs. 7.97 Cr and net worth at Rs. 7.54 Cr. This means Velox operates under a simplified compliance framework, reducing its administrative burden due to its current size.