Non Applicability of Regulation 24A 2
Awaiting price reaction for this filing.
Muzali Arts Limited has informed BSE that it is not required to submit an Annual Secretarial Compliance Report for FY2025-26. The company qualifies for exemption under SEBI Regulation 15(2) because its paid-up equity share capital and net worth as of March 31, 2025, fall within the prescribed thresholds of ₹10 crore and ₹25 crore respectively. This exemption relieves small listed companies from certain corporate governance requirements. The filing is signed by Director Mr. Mansoorbhai Murtuza and dated May 12, 2026.
This is a routine compliance disclosure confirming the company's exempt status. No direct impact on shareholders is expected. The filing indicates Muzali Arts is a small-cap or SME-listed entity with limited market capitalization.