Datiware Maritime Infra Limited Exempted from Annual Secretarial Compliance Report for FY26
Datiware Maritime Infra Limited has been exempted from submitting the Annual Secretarial Compliance Report for FY26 under SEBI regulations due to its paid-up capital of Rs. 5 crores and qualifying net worth criteria. The company's financial position shows consistent paid-up capital of Rs. 500.00 lakhs over three years but maintains negative net worth of Rs. -235.66 lakhs as of 2024-25.

*this image is generated using AI for illustrative purposes only.
Datiware Maritime Infra Limited has received exemption from submitting the Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The company communicated this development to BSE Limited on April 15, 2026, citing regulatory provisions that exempt smaller companies from certain compliance requirements.
Regulatory Exemption Details
The exemption is granted under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. According to the company's communication, Datiware Maritime Infra Limited qualifies for this exemption as its paid-up equity share capital stands at Rs. 5,00,00,000 (Rs. 5 crores), which does not exceed the prescribed threshold of Rs. 10 crores. Additionally, the company's net worth does not exceed Rs. 25 crores as of March 31, 2025.
Financial Position Overview
A certificate issued by practicing company secretary Shrenik Nagaonkar provides detailed financial information for the company over the last three consecutive years. The certificate, dated July 16, 2025, presents the following financial position:
| Particulars | 2024-25 | 2023-24 | 2022-23 |
|---|---|---|---|
| Paid Up Capital (Rs. in Lakhs) | 500.00 | 500.00 | 500.00 |
| Reserve and Surplus (Rs. in Lakhs) | -735.66 | -690.09 | -607.40 |
| Total Networth (Rs. in Lakhs) | -235.66 | -190.09 | -107.40 |
The data reveals that while the company has maintained a consistent paid-up capital of Rs. 500.00 lakhs across all three years, it has been operating with negative net worth throughout this period.
Compliance Framework
The exemption is based on SEBI (Listing Obligations and Disclosure Requirement) (Amendment) Regulations, 2018, specifically the Annual Secretarial Compliance Report requirements under Regulation 24A. The regulatory framework also references SEBI Circular No. LIST/COMP/10/2019-20 dated February 8, 2019, and BSE circulars dated May 9, 2019, and May 14, 2019.
Company Background
Datiware Maritime Infra Limited, formerly known as Ruia Aquaculture Farms Limited, operates with its registered office located at 1st Floor Adams Court, Baner Road, Pune - 411045. The company holds CIN L05000PN1992PLC177590 and maintains its corporate website at www.datiware.com . Company Secretary Piyush Kale signed the official communication to BSE Limited regarding the exemption status.
Historical Stock Returns for Datiware Maritime Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | 0.0% | -100.00% | -100.00% | -100.00% | -100.00% |
What strategic measures is Datiware Maritime Infra planning to implement to reverse its worsening negative net worth trend and achieve financial stability?
How might the company's deteriorating financial position impact its ability to secure funding or partnerships in the maritime infrastructure sector?
Will Datiware Maritime Infra consider equity dilution or debt restructuring options to address its accumulated losses exceeding Rs. 7.35 crores?





























