Non-Applicability of Reg 24(A) of SEBI (LODR) Regulation, 2015 Annual Secretarial Compliance Report.
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Asston Pharmaceuticals Ltd, listed on BSE's SME platform, has declared that Regulation 24(A) requiring an Annual Secretarial Compliance Report does not apply to them. This exemption is granted under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which excludes SME-listed entities from various corporate governance requirements including Reg 24(A). The company clarified it will continue to comply with all other applicable listing regulations. This is a routine regulatory filing to inform BSE of the applicable exemptions based on their listing category.
This is a neutral, procedural filing. The exemption from certain corporate governance requirements is a standard benefit for SME-listed companies and does not indicate any financial concerns or significant changes affecting shareholders.