Being an entity listed on SME Exchange (BSE SME), compliance under Regulation 24A of SEBI (LODR) Regulation, 2015 are not applicable to the Company.
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Om Metallogic Ltd, listed on BSE SME platform (Scrip Code: 544559), has submitted a declaration to BSE stating that compliance under Regulation 24A of SEBI (LODR) Regulations, 2015 is not applicable to the company. The company cites Regulation 15(2) which exempts entities listed on SME Exchanges from various compliance requirements including regulations 17 through 27 and certain clauses of regulation 46. This is a routine regulatory filing informing the exchange of the company's SME-specific compliance status.
No direct impact on shareholders or stock price. This is a standard regulatory notification confirming the company's lighter compliance obligations as an SME-listed entity rather than a main board listing.