Company Update

Procal Electronics India Limited has confirmed that it is exempt from submitting the Annual Secretarial Compliance Report for the year ended due to its paid-up equity share capital being below Rs. 10 Crores and net worth under Rs. 25 Crores.

This exemption reflects the company's compliance status relative to corporate governance norms, indicating its smaller scale in terms of capital and net worth, which eases some regulatory disclosure requirements for shareholders and stakeholders.