Submission of non applicability of Reg 24A of SEBI (LODR) Regulation 2015 for the Qtr/Year ended 31.03.2026
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Octal Credit Capital Ltd has filed with BSE stating that Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable to the company. The exemption is claimed under Regulation 15(2), which states that corporate governance provisions do not apply to listed entities with paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore. The company claims it falls under this exception category. Regulation 24A relates to the requirement for a secretarial audit. The filing is dated 29 May 2026 for the quarter/year ended 31 March 2026.
This is a routine compliance filing indicating the company qualifies for exemption from certain SEBI governance requirements due to its small size. No direct impact on shareholders or stock price, but confirms the company is a small-cap entity with market capitalisation typically below Rs. 10 crore.