Announced Mon, 25 May · 15:29 IST

Non-Applicability of Annual Secretarial Compliance Report under Reg. 24A of SEBI (LODR) Regulation 2015

Price

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Price reaction · full curve 14 horizons · vs prior close
1-day move
₹49.90
prior close
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+5.8+8.2+8.2+4.2-4.1+0.5+0.2
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AI summary

Avax Apparels and Ornaments Ltd, listed on the SME Exchange (scrip code 544337), has informed BSE that it is not required to submit the Annual Secretarial Compliance Report for the year ended March 31, 2026. The company cites Regulation 15(2) of SEBI (LODR) Regulations, 2015, which exempts SME-listed entities from complying with several regulations, including Regulation 24A. The disclosure was made on May 25, 2026, signed by Company Secretary Shruti Jain.

Likely market impact

No direct impact on shareholders. This is a routine regulatory disclosure confirming that the company, as an SME-listed entity, is exempt from certain SEBI compliance requirements. It does not signal any financial or operational change.