Non applicability of regulation 24A of the SEBI
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Franklin Leasing and Finance Ltd has informed BSE that Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the company. The company is listed on the SME Exchange, which exempts it from corporate governance provisions including the requirement to submit Annual Secretarial Compliance Report under Regulation 24A, as per Regulation 15(2) of SEBI (LODR). The company has clarified it will continue to comply with all other applicable listing requirements.
No direct impact on shareholders. This is a routine compliance notification confirming an exemption available to SME-listed companies. The stock remains subject to other SEBI listing regulations.