Disclosure regarding non-applicability of Regulation 24A of SEBI (LODR) Regulations 2015
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Modern Diagnostic & Research Centre Ltd has informed BSE that Regulation 24A of the SEBI (LODR) Regulations 2015 is not applicable to the company. The reason given is that the company is listed on the SME Exchange, and under Regulation 15(2) of SEBI (LODR), corporate governance provisions including Regulation 24A are exempt for SME-listed entities. The disclosure confirms the company is therefore not required to submit the Annual Secretarial Compliance Report. However, Regulation 23 relating to Related Party Transactions continues to apply. This is a routine compliance filing dated May 27, 2026, signed by Managing Director Devendra Singh Yadav.
No material impact on shareholders. This is a standard regulatory disclosure clarifying the company's exempt status from certain SEBI governance requirements due to its SME Exchange listing. Related party transaction rules still apply.