Non-Applicability of Annual Secretarial Compliance Report under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the year ended 31st March, 2025.
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AIK Pipes and Polymers Ltd has informed BSE that it is not required to submit the Annual Secretarial Compliance Report under Regulation 24A of the SEBI Listing Regulations for the financial year ended 31st March 2025. The company says it is exempt because its shares are listed on the BSE SME Platform, and as per Regulation 15(2) of SEBI LODR, entities listed on the SME exchange are not required to comply with several corporate governance provisions including Regulation 24A. The letter is signed by the Company Secretary and Compliance Officer, Himanshi Khandelwal, dated 13th May 2025.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply confirms the company's status as an SME-listed entity that qualifies for reduced compliance requirements.