BSERekvina Laboratories LtdMinimalNeutral
Announced Mon, 6 Apr · 18:42 IST

Non Applicability of Reg- 24(A) - Annual Secretarial Compliance Report

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AI summary

Rekvina Laboratories Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI Regulation 24A is not applicable to the company. The company is claiming exemption under Regulation 15(2) of SEBI (LODR) Regulations, 2015, which exempts listed entities whose paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year. This indicates Rekvina Laboratories is a small-cap listed entity falling below the thresholds that trigger mandatory corporate governance compliance requirements, including the secretarial compliance report.

Likely market impact

This is a routine procedural disclosure with no material impact on shareholders or stock price. It simply confirms the company qualifies for regulatory exemptions due to its small size, meaning reduced compliance costs and reporting obligations.