Non Applicability of Reg. 24A of SEBI (LODR) Regulation, 2015 for the Financial Year ended as on 31.03.2026
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Padmanabh Industries Ltd has informed BSE that it is not required to submit an Annual Secretarial Compliance Report under SEBI Regulation 24A for FY 2025-26. The company claims exemption under Regulation 15(2) of SEBI (LODR) Regulations, which exempts listed entities with paid-up equity share capital not exceeding ₹10 crore and net worth not exceeding ₹25 crore from corporate governance provisions including Regulation 24A. The company states it does not meet these minimum thresholds. The filing was signed by Akash Parmar, Managing Director, on 14 May 2026.
This is a routine compliance filing. No material impact on shareholders expected. The company is simply formally documenting its exemption from secretarial audit requirements due to its small size. Investors should note the company falls below SEBI's size thresholds for enhanced governance requirements.