Announced Thu, 23 Apr · 17:20 IST

Non-Applicability of Regulation 24A of SEBI (LODR) Regulations, 2015 for the year ended March 31, 2026.

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AI summary

Rapid Multimodal Logistics Limited, listed on the BSE SME platform (Scrip Code: 544237), has informed the exchange that it is not required to submit an Annual Secretarial Compliance Report under Regulation 24A of the SEBI (LODR) Regulations, 2015 for the financial year ended March 31, 2026. The exemption applies because as an SME-listed company, the firm falls under Regulation 15(2)(b) of the Listing Regulations, which relieves it from complying with a range of corporate governance provisions including Regulations 17 through 27 and other requirements. This is a routine regulatory disclosure and does not indicate any non-compliance or breach.

Likely market impact

This is standard for SME-listed companies and carries no negative signal for shareholders. The lighter compliance framework is a known characteristic of SME listings and does not by itself affect the company's fundamentals or shareholder value.