Non-Applicability of the provisions of Annual Secretarial Compliance Report
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Niks Technology Ltd, a BSE SME-listed entity, has filed a declaration informing the exchange that compliance with the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company for the financial year ended 31 March 2026. The company cites Regulation 15(2) of SEBI (LODR) Regulations, 2015, which exempts entities listed on SME exchanges from several compliance requirements including Regulation 24A. The declaration was signed by Managing Director Manish Dixit and filed on 15 April 2026.
This is a routine compliance disclosure for an SME-listed company. No shareholder action or material impact on the stock is expected, as the company is simply invoking a statutory exemption available to SME-listed entities.