Declaration regarding non applicability of regulation 24(A) of SEBI(LODR) Regulation, 2015 of Annual Secretarial Compliance Report is attached herewith
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Focus Business Solution Ltd has filed a declaration with BSE stating that Regulation 24(A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company. This regulation typically requires listed companies to submit an Annual Secretarial Compliance Report. The company is claiming exemption from this requirement, likely on the basis of size, market capitalization, or other criteria specified by SEBI. The actual secretarial compliance report is attached with this declaration.
This filing indicates the company qualifies for an exemption from secretarial audit requirements under SEBI regulations. This is a routine compliance matter with no direct impact on the stock price or shareholder value in the near term.