Company Update

Foundry Fuel Products Limited has announced that it is exempt from submitting the Annual Secretarial Compliance Report for the year due to its paid-up equity share capital and net worth being below the prescribed thresholds.

This exemption means the company is not required to comply with certain corporate governance provisions, reflecting its smaller scale.

This update clarifies compliance status without impacting daily operations but signals the company’s current size and regulatory standing to shareholders.