As the Company is Listed on SME Exchange, submission of Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations, 2015 for the year ended 31.03.2026 is not applicable ....
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Bhavik Enterprises Ltd 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 entities listed on SME Exchanges from corporate governance provisions and related compliance reporting requirements, including the Annual Secretarial Compliance Report under Regulation 24A. The company is listed on the BSE-SME platform (Scrip Code: 544551, ISIN: INE18PB01017), which automatically qualifies it for this exemption. The company has a paid-up equity share capital and net worth within the SME listing thresholds, making it eligible for this carve-out. The notification was signed by Nikhil Bhatt, Company Secretary and Compliance Officer, dated April 29, 2026.
No direct impact on shareholders. This is a routine regulatory disclosure clarifying that the company is exempt from certain SEBI compliance requirements due to its SME Exchange listing status. It is not a negative development.