Katare Spinning Mills declares Regulation 24A non-applicability due to sub-25 crore net worth.
Company's net worth certified at ₹2.73 crore as of 31 March 2025, below SEBI threshold.
Paid-up capital remains ₹2.85 crore; net worth declined from ₹4.39 crore in FY24.
Exemption claimed under Regulation 15(2) for annual secretarial compliance report filing.