OTCO International Limited Claims Exemption from Annual Secretarial Compliance Report for FY26
OTCO International Limited has informed BSE of its exemption from filing the Annual Secretarial Compliance Report for FY26 under Regulation 24A. The company qualifies for exemption under Regulation 15(2) of SEBI regulations due to its paid-up equity share capital of Rs. 2,59,36,240 and net worth of Rs. 26,610 (in thousands) as of March 31, 2025, both falling below the prescribed thresholds for corporate governance compliance requirements.

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OTCO International Limited has notified BSE that it is exempt from filing the Annual Secretarial Compliance Report for the financial year ending March 31, 2026, under regulatory exemptions available to smaller listed companies.
Regulatory Exemption Details
The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which exempts listed entities from corporate governance provisions if they meet specific size criteria. According to the regulation, companies with paid-up equity share capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores are eligible for this exemption.
| Financial Parameter: | Amount |
|---|---|
| Paid-up Equity Share Capital: | Rs. 2,59,36,240 |
| Net Worth (as on March 31, 2025): | Rs. 26,610 (in thousands) |
| Exemption Threshold - Share Capital: | Rs. 10 crores |
| Exemption Threshold - Net Worth: | Rs. 25 crores |
Compliance Report Non-Applicability
The Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, read with BSE Circular LIST/COMP/10/2019-20 dated May 9, 2019, does not apply to OTCO International due to its exemption status.
The company has clarified that it is exempted from submitting the annual secretarial compliance report for the year ended March 31, 2025, and consequently for FY26 as well. The company has committed to comply with applicable regulations within six months from the date of applicability, should circumstances change.
Corporate Communication
The formal communication to BSE was signed by Madhusmita Panda, Company Secretary and Compliance Officer of OTCO International Limited, on April 8, 2026. The notification serves as an official record of the company's regulatory compliance status and exemption claim under the applicable SEBI regulations.
This exemption allows smaller listed companies to operate with reduced compliance burden while maintaining essential regulatory oversight appropriate to their size and market presence.
Historical Stock Returns for Otco International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -5.23% | -20.58% | -0.84% | -10.63% | +156.73% |
What growth strategies might OTCO International pursue to expand beyond the current exemption thresholds?
How could potential changes in SEBI's exemption criteria for smaller companies affect OTCO's compliance obligations?
What impact might this reduced compliance burden have on OTCO's operational costs and investor attractiveness?































