Non-applicability Certificate under Regulation 24A of SEBI (LODR) Regulations, 2015.
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Cargotrans Maritime Ltd has informed BSE that it is exempt from submitting an Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations for FY 2025-26. The exemption applies because the company is listed on BSE's SME Exchange. Under Regulation 15 of SEBI LODR, SME-listed entities are not required to comply with various corporate governance provisions including Regulation 24A. The company is required to have paid-up equity capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore to qualify for this exemption. This is a routine regulatory filing confirming the company's exemption status.
No material impact on shareholders or stock price. This is a standard regulatory compliance notification confirming the company's SME listing exemption status. SME-listed companies operate under relaxed disclosure and governance requirements compared to mainboard-listed entities.