Non applicability of Regulation 24 (A) of SEBI LODR Regulations 2015 for Financial Year 2025-26
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Faalcon Concepts Limited, listed on BSE SME platform (Scrip Code: 544164), has filed a declaration stating that it is not required to comply with Regulation 24A of SEBI LODR Regulations 2015. Regulation 24A mandates submission of an Annual Secretarial Compliance Report by listed entities. However, as per Regulation 15(2) of SEBI LODR, companies listed on SME exchanges are exempt from a broad set of compliance requirements including Regulation 24A. Since Faalcon Concepts is a BSE SME listed company, it qualifies for this exemption. The company is therefore not required to submit the Annual Secretarial Compliance Report for the year ended 31st March 2026 to the stock exchange. The filing was signed by Managing Director Ekta Seth on April 7, 2026.
This is a routine compliance disclosure confirming the company's exempt status as a BSE SME listed entity. There is no direct impact on the company's financial position or stock price. It simply clarifies that certain regulatory filings applicable to mainboard companies do not apply to the company.