Non-Applicability of Annual Secretarial Compliance Report for the Year ended 31st March 2025
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Avax Apparels and Ornaments Ltd, listed on the SME platform of BSE (Scrip Code: 544337), has informed the exchange that the Annual Secretarial Compliance Report under Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 is not applicable to the company for the financial year ended March 31, 2025. The company cited Regulation 15(2) of SEBI LODR, which exempts entities listed on the SME Exchange from complying with several regulations including Regulation 24A. The filing, signed by Company Secretary Shruti Jain on May 23, 2025, is a formal disclosure to BSE acknowledging this exemption.
This is a purely procedural regulatory filing with no material impact on the company's business, financials, or shareholders. It simply confirms that certain compliance reporting obligations do not apply to the company due to its SME Exchange listing status.