Non Applicability of Regulation 24 (A) of SEBI LODR - Annual Secretarial Compliance Report

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AI summary

Highness Microelectronics Ltd has informed BSE that it is not required to submit an Annual Secretarial Compliance Report under SEBI Regulation 24A for the financial year ending March 31, 2026. The company is claiming exemption under Regulation 15(2) of SEBI LODR 2015, which states that Corporate Governance provisions do not apply to listed entities with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company had previously submitted a Non-Applicability Certificate for Corporate Governance Report, confirming its small company status.

Likely market impact

This filing indicates the company qualifies as a small-cap entity under SEBI exemption thresholds. No direct impact on shareholders or stock price as this is a routine compliance notification confirming the company's exempt status.