Mahasagar Travels has clarified it is not required to submit the Annual Secretarial Compliance Report.

This is due to the company's size, with paid-up share capital less than Rs. 10 crores and net worth less than Rs. 25 crores as of the previous financial year.

This exemption means the company does not need to comply with specific corporate governance provisions, simplifying its regulatory reporting.

Shareholders should note this update regarding the company's compliance status based on its current scale.