NON - APPLICABILITY OF REGULATION 24A OF SEBI (LODR) REG, 2018
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Qualitek Labs Limited has informed BSE that Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018 does not apply to the company. Regulation 24A requires listed companies to submit an Annual Secretarial Compliance Report within 60 days of the financial year-end. The company states it is listed on the SME exchange, and under Regulation 15(2) of SEBI (LODR) 2015, companies on SME platforms are exempt from several corporate governance provisions, including Regulation 24A. As a result, Qualitek Labs is not required to file the Annual Secretarial Compliance Report.
This is a routine regulatory clarification with no material impact on shareholders or the stock. It simply confirms the company is exempt from one specific compliance filing due to its SME listing status.