Non applicability of Regulation 24A of SEBI (LODR) Regulations, 2015
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Pearl Green Clubs and Resorts Ltd, listed on BSE's SME platform (Scrip Code: 543540), has informed the exchange that the submission of a Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations is not applicable to the company for the financial year ended 31st March 2025. This exemption applies because the company is listed on the SME Exchange, which qualifies it under Regulation 15(2)(b). The company has requested BSE to take the submission on record. The letter is signed by the Company Secretary, Bhumikaben Gautambhai Variya.
This is a routine regulatory clarification with no material impact on the business or shareholders. It simply confirms the company is exempt from filing a Secretarial Compliance Report due to its SME listing status, meaning investors should expect fewer compliance disclosures compared to main-board listed companies.