Non-applicability of Regulation 24A of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015.
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KMS Medisurgi Limited has informed the BSE that Regulation 24A of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015 does not apply to the company. Under Regulation 15(2), companies listed on the SME Exchange are exempt from certain corporate governance provisions, including the requirement to file an Annual Secretarial Compliance Report. Since KMS Medisurgi's shares are listed on the BSE SME Platform (scrip code 540468), the company is not required to submit this report. The communication was signed by Director Siddharth Kanakia (DIN: 07595098) on May 30, 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms reduced compliance obligations for the company due to its SME listing status, which means less regulatory paperwork but also reflects its small-cap nature.