Shikhar Leasing & Trading Claims Exemption from Annual Secretarial Compliance Report for FY26
Shikhar Leasing & Trading Limited has claimed exemption from submitting the Annual Secretarial Compliance Report for FY26 under SEBI Regulation 15(2). With paid-up capital of Rs. 1.28 crore and net worth of Rs. 7.32 crore as on March 31, 2025, the company falls below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively. The exemption covers both corporate governance provisions and the Annual Secretarial Compliance Report requirement under Regulation 24A.

*this image is generated using AI for illustrative purposes only.
Shikhar Leasing & Trading Limited has notified BSE Limited about its non-applicability for submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company has claimed exemption under specific SEBI regulations based on its financial parameters.
Regulatory Exemption Details
The company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation states that corporate governance provisions shall not apply to listed entities having paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore, as on the last day of the previous financial year.
Financial Position
Based on the audited financial statements as on March 31, 2025, the company has provided the following financial details:
| Parameter | Amount |
|---|---|
| Issued and Paid-Up Capital | Rs. 1,27,72,600 |
| Net Worth | Rs. 7,32,23,239 |
Compliance Report Exemption
The Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, read with BSE Circular dated May 9, 2019, is not applicable to the company due to its exemption status.
Official Communication
The notification was signed by Vidhi Deep Shah, Company Secretary & Compliance Officer, and submitted to BSE Limited on April 16, 2026. The company has requested BSE to take this exemption claim on record for the financial year ended March 31, 2026.
Given that both the paid-up capital and net worth fall well below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively, the company qualifies for exemption from corporate governance provisions and consequently from the Annual Secretarial Compliance Report submission requirement.
Historical Stock Returns for Shikhar Leasing & Trading
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Will Shikhar Leasing continue to qualify for SEBI exemptions if its business expansion plans increase its paid-up capital or net worth beyond the prescribed thresholds?
How might the company's exemption from corporate governance provisions affect investor confidence and institutional investment interest?
What strategic advantages or disadvantages does maintaining a smaller capital structure provide for Shikhar Leasing's competitive positioning?




























