Declaration with respect to Non-applicability of Annual Secretarial Compliance report under Regulation 24A of SEBI(LODR) (Amendment) Regulation 2018
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Cospower Engineering Ltd has informed BSE that the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Regulations is not applicable to the company. The reason cited is that the company is listed on the BSE SME platform. Under Regulation 15(2) of SEBI (LODR) Regulations, 2015, entities listed on the SME Exchange are exempt from complying with several regulations, including 24A. The company is therefore formally declaring this exemption and asking BSE to take it on record. This is a routine procedural filing and not a corporate action or material event.
No impact on shareholders or the stock price. This is a standard compliance filing confirming an existing exemption that applies to all companies listed on the SME platform.