Company Update

Shivamshree Businesses Limited has announced that it is exempt from submitting the Annual Secretarial Compliance Report as its paid-up equity share capital (Rs. 4.56 Cr) and net worth (Rs. 4.38 Cr) remain below the specified thresholds of Rs. 10 Cr and Rs. 25 Cr, respectively.

This exemption confirms that certain corporate governance provisions do not apply to the company, reflecting its relatively modest capital base and net worth.

For investors, this means reduced compliance requirements without impacting operational activities.