Declaration with respect to Non-Applicability of the provisions of Annual Secretarial Compliance Report under Regulation 24A of the SEBI(LODR) Regulations 2015.
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Niks Technology Limited, listed on the BSE SME platform, has submitted a declaration to BSE stating that the Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI (LODR) Regulations 2015 is not applicable to it. The company cites Regulation 15(2) of SEBI (LODR), which exempts entities listed on SME exchanges from complying with several regulations including 24A. The declaration covers the financial year ended 31st March 2025. The letter is signed by Managing Director Manish Dixit (DIN: 06888132) and is dated 19th April 2025.
This is a routine procedural filing with no material impact on shareholders or the stock price. It simply confirms the company is exempt from one specific compliance requirement due to its SME listing status, and does not signal any change in business, financials, or operations.