Whalesbook
Shivamshree Businesses Ltd has confirmed it will not be required to file the Annual Secretarial Compliance Report for the financial year ending March 31, 2026. This exemption stems from the company's financial metrics falling below thresholds set by SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations.
As of March 31, 2025, Shivamshree's paid-up equity share capital stood at ₹4.57 crore, and its net worth was ₹3.65 crore. These figures are below the limits specified in Regulation 15(2) of the SEBI LODR Regulations, which govern reporting obligations for listed entities.
This relief from an annual reporting requirement is expected to reduce the company's compliance burden, saving it time, resources, and administrative effort.
Established in 1983 and formerly known as Siddarth Businesses Limited, Shivamshree Businesses Ltd has evolved into a diversified entity. Its operations now encompass trading solar products, manufacturing FIBC bags, providing Project Management Consultancy (PMC), and engaging in real estate activities.
While Shivamshree's diverse business mix, which includes solar trading, consultancy, and real estate, makes direct peer comparison difficult among listed companies, major players like Tata Power Solar and Waaree Energies operate in related segments.
Investors will want to track whether Shivamshree's paid-up capital or net worth approach or exceed the SEBI LODR exemption thresholds in future financial years. Any future changes to regulatory requirements affecting companies of similar size will also be important to observe. The company's filing did not identify specific risks associated with this exemption.