Non-Applicability of Regulation 24A of SEBI (LODR) Regulations, 2015.

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₹98.00

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AI summary

Apollo Techno Industries Ltd has informed BSE that Regulation 24A (Annual Secretarial Compliance Report) does not apply to the company for FY 2025-26. The exemption is claimed under Regulation 15(2) of SEBI (LODR) Regulations, 2015, specifically because the company's securities are listed on the SME Exchange. SME-listed companies are exempt from corporate governance provisions including Regulation 24A as long as their paid-up capital does not exceed ₹10 crore or net worth does not exceed ₹25 crore. The company states it will continue to comply with all other applicable listing obligations.

Likely market impact

This is a routine compliance filing with no direct impact on the stock price. It confirms the company qualifies for SME Exchange exemptions and is fulfilling its disclosure obligations. Shareholders can note that the company falls below the thresholds requiring full corporate governance compliance.