Krupalu Metals Limited has listed its specified securities on the SME Platform of BSE Limited and therefore compliance with Reg. 24A is not applicable to the Company.
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Krupalu Metals Limited has notified BSE that it is not required to submit the Annual Secretarial Compliance Report for FY 2025-26. The company is listed on BSE's SME Platform, which qualifies it for an exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies to entities with paid-up capital not exceeding Rs 10 crore and net worth not exceeding Rs 25 crore, or those listed on SME exchanges. As a newly listed SME company, Krupalu Metals falls under this exemption and is not bound by corporate governance requirements including Regulation 24A.
This is a routine regulatory compliance filing confirming an exemption available to SME-listed companies. It has no direct negative or positive impact on shareholders as the exemption is standard for small-cap SME entities.