Non Applicability of Reg. 24A - Annual Secretarial Compliance for the period ended 31.03.2026.
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Goyal Associates Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI's Regulation 24A does not apply to the company for the financial year ended 31 March 2026. The company is claiming exemption under Regulation 15(2) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. This exemption applies to listed entities whose paid-up equity share capital is not more than ₹10 crores and whose net worth is not more than ₹25 crores as on the last day of the previous financial year. Since the company falls below both these thresholds, several corporate governance provisions (Regulations 17 to 27 and related clauses) are not mandatory for it, including the Secretarial Compliance Report. The letter is signed by the Chairman and Director, Vuppala Naga Malleswara Rao.
This is a routine regulatory disclosure and has no direct impact on shareholders or the stock price. It simply confirms that the company qualifies as a small-cap listed entity and is exempt from certain corporate governance reporting requirements that apply to larger listed companies.