Krishna Defence And Allied Industries Limited has informed the Exchange regarding 'Krishna Defence And Allied Industries Limited has informed the Exchange regarding ''.'Non-Applicability of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015'.
KRISHNADEF · price
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Krishna Defence and Allied Industries Limited has informed the NSE that Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company. This is because the company's equity shares are listed on the NSE EMERGE platform, which is the SME exchange. Under Regulation 15(2), companies listed on the SME exchange are exempt from certain corporate governance compliance requirements. As a result, the company is not required to submit a Secretarial Compliance Report for the financial year ended March 31, 2025. The communication was signed by Managing Director Ankur Ashwin Shah on May 20, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms the company's SME exchange status and that it qualifies for exemption from filing a Secretarial Compliance Report.