Company Update

Eastcoast Steel Limited has clarified that it is exempt from submitting the Annual Secretarial Compliance Report due to its paid-up equity capital of Rs 53.96 lakh and net worth of Rs 19.23 Cr, which fall below the prescribed thresholds.

This exemption relieves the company from certain corporate governance compliance requirements currently, aligning with regulations for smaller listed entities.

This status reflects the company’s scale and impacts governance reporting obligations relevant to shareholders and regulators.