Please find attached declaration about non-applicability of Regulation 24-A for FY 2025-26
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Benara Bearings and Pistons Ltd, listed on BSE SME Exchange (Scrip Code 541178), has informed the exchange that the Annual Secretarial Audit Report requirement under SEBI Regulation 24-A is not applicable to the company for the year ended March 31, 2026. The company cites Regulation 15(2)(b) of SEBI LODR Regulations, which exempts entities listed on SME exchanges from compliance with various corporate governance provisions including Regulation 24-A. This exemption applies to companies with paid-up capital not exceeding ₹10 crore and those listed on SME platforms.
This is a routine compliance disclosure with no direct impact on shareholders or stock price. The company is simply confirming its SME listing status exempts it from certain SEBI requirements.