Non applicability of Annual Secretarial Compliance Report for Year Ended 31st March, 2025
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Milestone Furniture Ltd has informed BSE that it is not required to file the Annual Secretarial Compliance Report for the financial year ended 31 March 2025. The company explains that since it is listed on the SME platform of BSE, it is exempt from Regulation 24A of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015, under Regulation 15(2)(b). This exemption applies to corporate governance provisions specified in Regulations 17 to 27 and related clauses. The disclosure is signed by Whole Time Director Mayank Rasiklal Kotadia and dated 21 May 2025.
This is a routine regulatory filing with no material impact on shareholders or the stock price. It simply confirms the company's SME-listed status grants it exemption from certain annual secretarial compliance reporting requirements.