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Raghunath International Ltd has filed a disclosure with BSE regarding the non-applicability of Regulation 24A. This regulation relates to secretarial audit requirements under SEBI guidelines. The filing indicates that the company is either exempt from or not required to comply with certain secretarial audit or corporate governance disclosure norms, likely due to being below the prescribed threshold limits for such requirements. The actual detailed reasoning for the non-applicability is not visible in the available document.
This is a routine compliance filing indicating the company is not subject to Regulation 24A requirements. It does not signal any negative development but rather confirms the company falls below SEBI's mandated thresholds for secretarial audits.