Non Banking Financial Company (NBFC)
Regulatory10 April 2026 at 06:46 am

Kinetic Trust Exempt from Secretarial Compliance Report for FY26

AI Summary

Kinetic Trust Ltd announced the non-applicability of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates the submission of a Secretarial Compliance Report. This exemption is for the financial year ended March 2026. The company qualifies for this exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which applies to listed entities with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore. As of the last financial year, Kinetic Trust's paid-up capital was ₹3.36 crore and its net worth was ₹4.02 crore, both falling below the specified thresholds. The company has committed to comply with the regulation if it becomes applicable in the future.

Key Highlights

  • Kinetic Trust exempt from Secretarial Compliance Report for FY26.
  • Exemption based on SEBI Regulation 15(2) criteria.
  • Paid-up capital is ₹3.36 crore, net worth is ₹4.02 crore.
  • Both figures are below the ₹10 crore and ₹25 crore thresholds.
  • Company will comply if regulations become applicable later.