MACKINNON MACKENZIE & CO.LTD. - Compliances-Reg.24(A)-Annual Secretarial Compliance
12 Apr 2024
We would like to inform you that pursuant to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Compliances with the Corporate Governance provisions as specified in Regulations 17, 17A, 18, 19, 20, 21, 22, 23 ,24, 24A, 25, 26, 27 and clause (b) to (i) of sub regulation (2) of regulation 46 and Para C, D and E of Schedule V shall not apply, in respect of the listed entity, having paid up equity share capital not exceeding rupees ten crore and net worth not exceeding rupees twenty five crore, as on the last day of the previous financial year.
Since, Company's Paid-up Share Capital and Net worth as at March 31, 2023 was below aforesaid threshold, the requirement of submission of Annual Secretarial Compliance Report under Regulation 24A of SEBI Listing Regulations for the year ended March 31, 2024, will not be applicable to the Company.
Source:
BSE India