Non Applicability of Regulation 24A of SEBI (LODR) Regulations 2015
Awaiting price reaction for this filing.
SJ Corporation Ltd has informed BSE that it is claiming exemption from Regulation 24A of SEBI (LODR) Regulations, which pertains to secretarial audit requirements. The exemption is being claimed under Regulation 15(2) because the company's paid-up equity share capital is less than ₹10 crores and its Net Worth is less than ₹25 crores as of March 31, 2025. This is a routine regulatory compliance filing that confirms the company qualifies for exemptions available to smaller listed companies. The Managing Director Deepak Upadhyay signed the disclosure on May 14, 2026.
No direct impact on shareholders or stock price. This filing merely confirms the company meets size criteria for exemption from certain SEBI compliance requirements. The company's small size (net worth under ₹25 crore) may limit its growth visibility and analyst coverage.