Non Applicability of Regulation 27(2) as per Regulation 15(2)(b) of Chapter IV of the Securities and Exchange Board of India (Listing and Obligations and Disclosure Requirements) Regulations, ....
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Rikhav Securities Ltd has informed BSE that it is not required to file a Corporate Governance Report for the quarter and financial year ended March 31, 2025. The company is listed on the BSE SME Platform, which exempts it from submitting this report under Regulation 27(2) read with Regulation 15(2)(b) of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The letter is signed by Managing Director Hitesh Himatlal Lakhani. The company has also stated that if this regulation becomes applicable to it in the future, it will comply within the prescribed timeline.
This is a routine procedural filing with no material impact on the company's financials, operations, or share price. It simply confirms that the SME-listed company is exempt from one specific quarterly compliance requirement meant for larger listed entities.