Ushakiran Finance Exempted from SEBI Report Filing

Ushakiran Finance Limited has confirmed it will not be filing its Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The company has qualified for this exemption under specific SEBI regulations, based on its financial position as of March 31, 2025.

This exemption allows Ushakiran Finance to save on the costs and resources typically required for preparing and submitting the annual report. The move simplifies its regulatory obligations.

Under SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, most listed companies must submit an Annual Secretarial Compliance Report. However, Regulation 15(2) offers an exemption for entities whose paid-up share capital does not exceed ₹10 Crore and whose net worth is below ₹25 Crore, provided they are not listed on SME platforms.

Ushakiran Finance's paid-up equity share capital stood at ₹2.55 Crore and its net worth was ₹16.50 Crore as of March 31, 2025, comfortably meeting these criteria.

By avoiding this specific filing, Ushakiran Finance can reallocate resources previously earmarked for compliance tasks. Shareholders indirectly benefit from the company's reduced operational expenses, a move that highlights a focus on efficiency for smaller listed firms.

While this exemption reduces one compliance burden, Ushakiran Finance must continue to meet all other SEBI and RBI regulatory requirements. Investors should note that future changes to SEBI's exemption criteria could alter these requirements.

This type of exemption is available to any listed company that meets the specific financial thresholds, making it less about peer comparison and more about company size and financial standing.

Key figures supporting the exemption:

• Paid-up equity share capital: ₹2.55 Crore (as of March 31, 2025)
• Net worth: ₹16.50 Crore (as of March 31, 2025)
• SEBI Exemption Threshold for Paid-up Capital: ₹10 Crore
• SEBI Exemption Threshold for Net Worth: ₹25 Crore

Looking ahead, investors should monitor any shifts in SEBI's criteria for compliance report exemptions. Continued adherence to all other regulatory mandates by Ushakiran Finance remains critical. Shareholders should also continue to track the company's overall financial performance and growth.