Abhishek Finlease Limited Exempted from Secretarial Compliance Report Due to Capital Threshold
Abhishek Finlease Limited has informed BSE that it is exempted from submitting secretarial compliance report under Regulation 24A(2) as its paid-up capital and net worth are below ₹10 crore threshold. The notification was digitally signed by Managing Director Mahendra M Shah and submitted on April 9, 2026, ensuring compliance transparency with the exchange.

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Abhishek Finlease Limited has notified BSE Limited regarding its exemption from submitting the secretarial compliance report under Regulation 24A(2) of SEBI regulations. The company cited that its paid-up capital and net worth are below the prescribed threshold of ₹10 crore, making the compliance requirement non-applicable.
Regulatory Exemption Details
The communication addressed to BSE Limited clarifies the company's position regarding the secretarial compliance report submission. Under SEBI regulations, companies with paid-up capital and net worth exceeding ₹10 crore are required to submit secretarial compliance reports as part of their regulatory obligations.
| Parameter | Details |
|---|---|
| Regulation | 24A(2) - Secretarial Compliance Report |
| Threshold Limit | ₹10 crore |
| Company Status | Below threshold (paid-up capital and net worth) |
| Exemption Status | Not applicable |
Company Information
Abhishek Finlease Limited, incorporated in 1995, operates from Ahmedabad, Gujarat. The company is engaged in financial services and maintains its registered office at Wall Street-1, Ellisbridge area of the city.
| Corporate Details | Information |
|---|---|
| CIN | L67120GJ1995PLC024566 |
| Scrip Code | 538935 |
| Managing Director | Mahendra M Shah |
| DIN | 01591552 |
| Location | Ahmedabad, Gujarat |
Compliance Communication
The formal communication to BSE was digitally signed by Managing Director Mahendra M Shah on April 9, 2026. This notification ensures transparency with the stock exchange regarding the company's compliance status and regulatory obligations.
The exemption from secretarial compliance reporting reflects the company's current financial position relative to regulatory thresholds. Companies falling below the specified capital and net worth limits are not required to undertake this particular compliance exercise, streamlining regulatory requirements for smaller entities.
Historical Stock Returns for Abhishek Finlease
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
What growth strategies might Abhishek Finlease pursue to eventually cross the ₹10 crore threshold and trigger mandatory compliance requirements?
How could this exemption status affect investor perception and the company's ability to attract institutional funding?
Will SEBI consider revising the ₹10 crore threshold limit for secretarial compliance reports in upcoming regulatory reforms?































